European markets. According to UK Tech News, the main investor in the financing is the new investor Viking Global Investors, and he was joined by Blue Cloud Ventures, AXA Venture Partners, Swisscom Ventures, and Volution.
The company envisages this expansion as a combination of organic growth and acquisitions and plans to make further investments to maintain the company’s leading position in B2B sales intelligence globally.
We are pleased to welcome Viking Global Investors as our new major investor. This funding will help us empower companies with international sales intelligence in the coming years, setting a new standard in data quality and compliance. This will accelerate our growth and global expansion as a leading provider of intelligent B2B sales data, said James Isilay, CEO of Cognism, through their website.
This investment follows Cognism ’2020 capital raising in which it raised $ 12 million and the 2021 one that ended with $ 12.5 million raised. Also, the company opened a US office in Boston in 2021, led by a new vice president of sales, Mark Bedard, who was previously at ZoomInfo and accepted industry veteran Phil Garlick on its board, UK Tech News reports.
No other software company offers a truly global sales intelligence platform like Cognism. By combining our contact information with advanced contextual data points such as technology and customer intention signals, we help modern revenue teams connect with trust and exceed goals. Our goal is to enable companies to build meaningful relationships with their next best client in an efficient and cost-effective way, Isilay said.
By the way, the company was founded in 2015 and is engaged in providing tools in sales teams to generate data on potential customers. Cognisma says their software is compliant with data regulations such as the GDPR, which was introduced in Europe in May 2018, and the company currently employs over 250 people based in seven countries including the UK, US, Canada, South Africa. Croatia, Macedonia, and Germany. Cognism is in the portfolio of the Croatian VC fund, South Central Ventures, which is a member of the Croatian Private Equity and Venture Capital Association (CVCA).