Simplus Gets $20M More
Salt Lake City-based sales quoting software developer Simplus announced that it has raised $20M in a Series C funding, in addition to another $6.5M in a debt financing round. According to Simplus, the Series C round was led by SV Global Innovations LP, and also included Savano Capital Partners, Salesforce Ventures, Cross Creek Advisors, EPIC Ventures and University Growth Fund. The debt funding came from Silicon Valley Bank. The company said it will use the new funding to further "increase capacity" across its product and service offerings. Simplus develops software that is used within Salesforce for configuration, pricing, and quote generation and management.
posted on Wednesday, January 30, 2019 (Link to more information)
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