Automated Sales Company Colabo raises $7 Million

Automated sales engagement platform developer has raised $7 Million in a Series A round of funding from Marker LLC, together with Kaedan Capital and existing investors including Paul Maritz, Raghu Raghuram, Ray Rothrock, The Hive and iAngels. The funds will be used to support its current growth, which currently stands at over 50% month to month.

Colabo’s automated sales engagement platform harnesses the power of infinite dynamic web sources instead of relying on phone and email to engage with potential customers. By doing so, Colabo says that it enables sales teams to increase response rates from leads by over 10 times when compared to phone and email based systems.

 

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