Seismic recently closed a $100 million Series E round of funding.
The round was led by Lightspeed Venture Partners and funds and accounts advised by T. Rowe Price Associates. Existing investors General Atlantic, JMI Equity, and Jackson Square Ventures also participated in the round. The round brings the total amount raised by Seismic to date to $179 million.
Seismic also announced that John W. Thompson, venture partner at Lightspeed and chairman at Microsoft, will join Seismic’s board of directors.
Thompson brings with him more than 40 years of executive leadership experience at companies such as IBM, Virtual Instruments, and Symantec, where he served as CEO for ten years and oversaw 10x revenue growth from $600 million to $6 billion. Thompson currently also sits on the boards of cloud data management company Rubrik and gene sequencing company Illumina.
Seismic’s sales enablement platform helps sales and marketing teams better engage customers by automatically equipping sellers with the right content, information and training for every customer interaction. With at least 97 percent revenue growth in each of the past five years, Seismic has taken advantage of the market momentum to become the largest sales enablement provider. The company now serves more than 500 customers across the globe, including Capital One, Glassdoor, Illumina, and Qualtrics.
