Gong was started in 2015 by CEO Amit Bendov (left) and chief product officer Eilon Reshef (right). GongOne month ago, AI-powered sales startup Gong had no intention of raising more money. With sales reaching some $20 million last year, that puts Gong on track for better than $50 million in revenue this year. Coatue led the Series D funding that takes Gong’s valuation to $2.2 billion from $750 million after its previous round. Investors were initially hesitant to invest in Gong, Bendov says, out of worries that salespeople would view the software as a form of Big Brother surveillance.

Source: Forbes August 12, 2020 13:30 UTC