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        Plato raised EUR 6.5 million in a pre-seed funding round led by Cherry Ventures, with participation from Microsoft, SAP, Celonis, Personio, and Forto to strengthen Plato's AI team and accelerate product development. 
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        It also plans to introduce more AI solutions to its platform. 
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    <a href="https://www.finsmes.com/2024/11/plato-raises-6-5m-in-pre-seed-funding.html">
      FinSMEs
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Sales Engagement Platforms

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<p>Plato secured EUR 6.5 million in pre-seed funding from key investors including Cherry Ventures, Microsoft, SAP, Celonis, Personio, and Forto. The funding will enhance Plato's AI team and speed up product development. The company also plans to add more AI solutions to its platform.</p>
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Plato raises EUR 6.5 million in pre-seed financing for platform development

<div>
 <p>Attention successfully secured USD 14 million in a Series A funding round spearheaded by Alven. The funds will be used to broaden its go-to-market team, invest in product development and engineering, and boost its AI-powered sales automation platform.</p>
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Attention raises USD 14 million in Series A funding to advance AI-powered sales automation

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 <p>Nooks, a company specializing in automation tools, has secured USD 43 million in a Series B funding round led by Kleiner Perkins. These funds will primarily be used to launch their AI Sales Assistant Platform (ASAP) and enhance their pipeline automation processes.</p>
 <p>With this new funding, Nooks aims to advance the development of its AI tools. The prime objective of these tools is assisting sales representatives by automating their administrative tasks, thus increasing efficiency in their operations.</p>
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Nooks secures USD 43 million in Series B funding to launch AI sales assistant platform and streamline sales processes

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 <p>Logik.io has successfully raised 25 million dollars in a Series B funding round. The funding was led by existing investors such as Emergence Capital, High Alpha, ServiceNow Ventures, and Salesforce Ventures. The funds will be used to fast-track innovation in Logik.io's AI-powered CPQ solution and support the company's growth.</p>
 
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Logik.io raises USD 25 million in Series B funding to accelerate AI-powered CPQ innovation

PROMINENT_CATEGORY

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 <p>Demandbase has unveiled an improved sales experience in Demandbase One, aimed at unifying sales and marketing teams through real-time insights via a tailor-made AI dashboard. The upgrade incorporates features such as Buying Groups, Contact Smart Scoring, Site Visit Intelligence, and integrations with third-party platforms.</p>
 <p>In addition, the company has undergone a rebranding process, underscoring its inventive, technology-centric focus in B2B strategies.</p>
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Demandbase unveils enhanced sales experience; rebrands to enhance B2B strategies

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 <p>Landbase, an AI model developer for outbound lead generation, secured a seed funding of USD 12.5 million. The funding round witnessed contributions from A*, 8VC, and First Minute Capital, along with Inovia Capital, Picus Capital, and General Catalyst (La Famiglia). The funds will be utilised to enhance and market Landbase's platform.</p>
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Landbase raises USD 12.5 million in seed funding to develop AI-Action model for lead generation

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 <p>Mediafly has acquired Dooly with the intention of integrating its technology into their current platform. This merger is anticipated to greatly enhance the user experience by automating certain sales tasks, thus reducing the time spent on them and increasing their effectiveness.</p>
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Mediafly acquires Vancouver-based Dooly to boost sales productivity

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 <p>DocketAI has secured a fund of USD 15 million in a Series A funding raid spearheaded by Mayfield and Foundation Capital. The raised capital will be employed to enhance their virtual sales engineer platform. The platform seeks to assist non-technical salespersons by providing immediate responses to technical queries and creating technical documents.</p>
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DocketAI raises USD 15 million in Series A funding for product advancement

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 <p>Momentum garnered USD 13 million during their Series A funding round. This event was led by FirstMark Capital, with the ultimate goal of advancing product development, driving business growth, and innovating for enterprise revenue teams.</p>
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Momentum raises USD 13 million in Series A funding for product innovation

INCUMBENTS_PRESENT

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 <p>Salesforce has recently eliminated around 300 jobs as part of its ongoing operational streamlining and cost control emphasis, reflecting the broader tech industry slowdown. This follows a previous dismissal of approximately 700 workers in January 2024 and a larger cutback of around 8,000 staff in 2023.</p>
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All Updates

Plato raises EUR 6.5 million in pre-seed financing for platform development

Attention raises USD 14 million in Series A funding to advance AI-powered sales automation

Nooks secures USD 43 million in Series B funding to launch AI sales assistant platform and streamline sales processes

Logik.io raises USD 25 million in Series B funding to accelerate AI-powered CPQ innovation

Demandbase unveils enhanced sales experience; rebrands to enhance B2B strategies

Landbase raises USD 12.5 million in seed funding to develop AI-Action model for lead generation

Mediafly acquires Vancouver-based Dooly to boost sales productivity

DocketAI raises USD 15 million in Series A funding for product advancement

Momentum raises USD 13 million in Series A funding for product innovation

Salesforce streamlines operations with latest round of job cuts amid tech slowdown

Sales Engagement Platforms

Plato raises EUR 6.5 million in pre-seed financing for platform development

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