WilmerHale Advises Introhive in $100M Series C Funding

WilmerHale Advises Introhive in $100M Series C Funding

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On June 16, 2021, Introhive, one of the fastest-growing AI-powered sales and revenue acceleration platforms, announced it has secured $100 million in its Series C round led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies. Introhive was one of the first in the market to enable client-facing teams with the ability to maximize the value of their relationship intelligence, to increase client retention and to accelerate revenue. It’s one of the most broadly deployed platforms of its kind in the world. Introhive plans to use the funding for strategic acquisitions, to expand its global footprint and to grow its engineering, sales and marketing teams. The round is represented by Bank of America Securities and includes participation from existing investors Elliott Management, The Business Development Bank of Canada (BDC), Aegis Group Partners, Evergreen Coast Capital and Mavan Capital Partners.

The WilmerHale team advising Introhive was led by Glenn Luinenburg and Eric Hanson and consisted of Lugar Choi and Shaina Hourizadeh.

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