Seattle-based sales automation company, Highspot, has secured $60 million in Series D funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on June 4 and led by ICONIQ Capital.
According to its Crunchbase profile, "Highspot gives businesses a powerful sales advantage to engage in more relevant buyer conversations and achieve their revenue goals. Through AI-powered search, analytics, in-context training, guided selling and 50+ technology integrations, the Highspot platform delivers enterprise-ready sales enablement in a modern design that sales reps and marketers love. Using Highspot, sales teams can quickly find the best-performing content, and customize it for each opportunity — while marketers gain insights on content use and effectiveness to develop a data-driven strategy."
The seven-year-old company has raised four previous funding rounds, including a $35 million Series C round in 2018.
The round brings total funding raised by Seattle companies in information technology over the past month to $109 million. The local information technology industry has seen 58 funding rounds over the past year, raking in a total of $471 million in venture funding.
In other local funding news, energy company LevelTen Energy announced a $20 million Series B funding round on June 3, led by Prelude Ventures, LLC.
According to Crunchbase, "LevelTen is the safest, most cost-effective way for C&I customers to purchase renewable energy. LevelTen’s technology-enabled marketplace connects a broader class of C&I customers to utility-scale projects. By aggregating both buyers and sellers, their technology-enabled marketplace offers smaller C&I customers access to the same projects and terms afforded to the world’s largest energy buyers."
Founded in 2016, the company has raised two previous rounds, including a $6.8 million Series A round in 2017.
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