ClearSlide receives $50 million in funding

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ClearSlide has raised $50 million in Series C funding led by The Social+Capital Partnership. Greylock Partners, Bessemer Venture Partners, Felicis Ventures, Silicon Valley Bank, and Comcast Ventures also participated in this round. ClearSlide has raised a total of $90 million in funding. Mamoon Hamid of The Social+Capital Partnership will join ClearSlide’s board of directors. ClearSlide’s funding will be used for hiring and product development.

ClearSlide is used by enterprises to upload presentations. Teams can edit and share information. ClearSide offers analytics that shows how the presentation was accepted by customers and how it affected conversion rates.

Users would be able to see how high the percentage is of closing deals with the slides in the presentations. There are tools that show how to improve a sales person’s effectiveness. There are engagement metrics and performance stats of sales reps. ClearSlide’s revenues increased by 2.5 times and their customer base doubled in the last year. Some of their customers include the sales teams at LinkedIn, Amazon.com, Intuit, Expedia, Comcast, Rackspace,

[Source: TechCrunch]

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