Conversation Analytics Startup Gong.io Raises $40 Million

Gong.io’s technology provides sales representatives with real-time insights into their interactions with customers by analyzing recorded phone calls

 

Israel-based conversation analytics startup Gong.io Ltd. has raised $40 million in a series B funding round, bringing the company’s total funding raised to $68 million, Gong.io announced Thursday.

 

For daily updates, subscribe to our newsletter by clicking here.

 

The round was led by Boston-headquartered Venture capital firm Battery Ventures LP, with participation from existing investors including California-based Norwest Venture Partners, Check Point co-founder Shlomo Kramer, and Cisco Investments.

 

Gong co-founders Eilon Reshef (right) and Amit Bendov. Photo: PRצילום: מקס מורון

 

 

Based in Herzliya, a town in the Tel Aviv area, Gong.io’s technology provides sales representatives with real-time insights into their interactions with customers by analyzing recorded phone calls to track keywords and topics within a conversation.

Related articles

• Cardiac 3D Visualization Startup CathWorks Raises $30 Million
• Smartphone Urine Testing Kit Developer Healthy.io Raises $18 Million
• IoT Startup Augury Raises $25 Million

In December, Gong.io won Calcalist’s and Microsoft’s second annual artificial intelligence and big data startup competition. The award included a visit to Microsoft's Seattle headquarters and an invitation to take part in Calcalist’s 2019 Berlin conference to be held later this month.

 

Gong.io serves around 150 clients including LinkedIn and Pinterest, according to company statements.