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Financial News

This section will highlight the latest financial announcements from all of the prominent marketing automation, CRM and other solution vendors in the industry.

CallidusCloud Bolsters Sales Collaboration Offerings With $7.5 Million Badgeville Acquisition

Callidus Software, a cloud-based marketing, sales and customer experience solution provider, has acquired the technology assets of enterprise gamification company Badgeville for $7.5 million in an all-cash deal. Callidus said it intends to integrate Badgeville’s customer engagement, employee collaboration and performance management solutions into its configure-price-quote (CPQ) offering.

Showpad Secures $50 Million; Launches Integrations With Gmail, Salesforce

Sales enablement platform Showpad has raised $50 million in Series C funding. The round was led by Insight Venture Partners, with additional participation from previous investors, including Dawn Capital and Hummingbird Ventures. Showpad will use the investment to enhance its platform and accelerate the growth of its sales and marketing…

Salesforce Revenue Up By 26.8% For Q1

Salesforce announced a 26.8% increase in year-over-year revenue for the first quarter of fiscal year 2017. The company’s Q1 revenue totaled $1.917 billion, higher than analyst’s estimates. In an earnings call with investors, Salesforce Chairman and CEO Marc Benioff called the results, “the best Q1 we’ve ever seen.”
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