Funding

• Attention raised USD 3.1 million in equity funding led by Eniac Ventures to improve the AI capabilities of its solution and broaden its market reach. (January 9, 2023; TechCrunch, FinSMEs) 

• Coho AI raised USD 8.5 million in seed funding led by Eight Roads, TechAviv, and a group of angel investors for further platform development. (January 12, 2023; Company Press Release, FinSMEs)

• CloseFactor raised USD 15.2 million in Series A funding co-led by Vertex Ventures and Sequoia to expand its product development activities, form a go-to-market team, and develop a range of new workflow integrations. (January 17, 2023; Company Press Release, TechCrunch)

• Accord raised USD 10 million in Series A funding from Matrix Partners, Nat Friedman, and Y Combinator to increase its headcount, particularly in the engineering, sales, and marketing teams from 13 to more than 30 by the end of the year. (January 24, 2023; TechCrunch)

• Traction Complete raised USD 5 million in funding led by Pender Ventures and Thomvest Ventures to expand the team, launch new marketing campaigns, and develop new products. (January 24, 2023; Company Press Release, FinSMEs)

Partnerships

• Chili Piper announced that it has been accredited as a Premier Partner under the Adobe Exchange Program which is expected to boost client conversion rates and revenue potential. (January 12, 2023; Company Press Release)

M&As

• Bigtincan acquired SalesDirector.ai, a US-based revenue and data intelligence platform, for USD 1.2 million to strengthen its AI-powered insights. (January 1, 2023; Company Press Release, ARN)

Management News

• Introhive announced the appointment of Lee Blakemore as CEO to lead the business through its next stage of expansion, with a focus on customer growth and product research and development. (January 17, 2023; Company Press Release)

• mPulse Mobile announced the appointment of Jay Brookes as chief sales officer and Brendan McClure as chief marketing officer. Prior to their new positions, Brookes focused on sales strategies for the mPulse engagement platform and McClure focused on building marketing teams and establishing go-to-market plans for new products. (January 19, 2023; Company Press Release)

New Product 

• Allego announced new product capabilities for European sales teams, including the ability to manage learning, sales content, and taxonomies in multiple languages; allow users to navigate, search, create, and consume content in their preferred language; provide customer support services; and adhere to European regulations and legal requirements. (January 18, 2023; MarTech Cube)

• RevSure.AI introduced new features to improve pipeline prediction capabilities for sales and marketing teams. These features include effective demand generation by integrating Salesforce campaigns, lead sources, Google AdWords, and LinkedIn campaigns; lead prioritization tools; and new data integrations. (January 25, 2023; Company Press Release)

• Outreach introduced Smart Email Assist, an AI-powered automatic email response generator, to streamline workflows for sales teams. The business added that it plans to offer a preview of Smart Email Assist in March 2023, along with other key new platform features. (January 26, 2023; Company Press Release)

Geographic Expansion

• Highspot announced its expansion to Canada with the opening of its fifth international office in Vancouver, British Columbia, to expand its capacity to higher engineers and improve its presence in the Pacific Northwest. Additionally, the company stated that more than 10% of its total revenue came from European, Middle Eastern, and African regions. (January 18, 2023; Company Press Release)