Gong.io Extends A1 Funding Round with Investment from Cisco Investments

Funding To Help Gong.Io Fuel Growth In Collaboration And Communication Markets

Gong.io, the market leader in Conversation Intelligence for sales teams, announced that it has received an investment from Cisco Investments in an extension of its A1 funding round.

“We’re thrilled to have Cisco Investments join Gong as an investor,” explained Amit Bendov, Gong.io CEO. “Cisco Investments’ involvement will help fuel our continued growth and expedite our penetration into the collaboration and communication markets. We can’t wait to utilize immediate opportunities this investment creates and we’re confident even more exciting future opportunities lie ahead of us.”

“Cisco Invests in companies that capture major market transitions,” said Rob Salvagno, vice president of Corporate Development and Cisco Investments. “Gong’s introduction of contextual and action-driven artificial intelligence specifically tailored for sales conversations represents a major overhaul in the way companies engage with customers, and augments collaboration tools to make them more valuable to businesses.”

Gong.io will make its debut appearance at the Cisco Live conference starting June 10th in Orlando, FL.

About Gong. io: As a B2B sales leader, your biggest challenge is that too many of the opportunities that come into your pipeline fail to make their way through the sales process and into closed business. Gong’s conversation intelligence platform helps you ensure more of the deals that enter your pipeline actually come out as closed revenue by shining the light on your sales conversations. It records, transcribes, and analyzes all of your sales calls so you can drive sales effectiveness at scale, figure out what’s working and what’s not, and ramp new hires faster by helping them replicate your top performers.