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Investors have made another large bet on Apttus and its Quote-to-Cash solution — this time for $88 million. The Series D funding, announced today, brings the San Mateo, Calif.-based software provider's total funding to $274 million.
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JMP Securities Analysts Patrick Walravens and Peter Lowry predicted Salesforce will realize 100 percent revenue growth from its partner Apttus this year. Now Salesforce itself is helping to make that prediction come true.
Salesforce Ventures, Salesforce's investment arm, is taking part in another funding round today for San Mateo,
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It's no surprise that Salesforce had a prominent role at the the Apttus Accelerate 2015 conference in San Francisco this week. In February, the San Francisco-based cloud software company led a $41 million investment round for Apttus, which makes Quote-to-Cash software on the Salesforce1 platform.
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When it comes to venture investments, Salesforce backs its allies. Case in point: The San Francisco-based cloud software company today led a $41 million investment round for Apttus, which makes Quote-to-Cash software on the Salesforce1 platform. The latest investment followed first-round funding of $37 million in September 2013 that
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