ZoomInfo Raises $935M in Series A
ZoomInfo has successfully raised $935M in a Series A at a $14.5B valuation led by TA Associates, Carlyle Group.
Company Overview
ZoomInfo is a Enterprise Software company headquartered in Vancouver, WA, founded in 2007 with 3000+ employees.
Go-to-market intelligence platform
Fundraising Details
- Amount Raised: $935M
- Round Type: Series A
- Valuation: $14.5B
- Date: 2024-02-01
- Investors: TA Associates, Carlyle Group
About ZoomInfo
Go-to-market intelligence platform The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Vancouver, WA
- Founded: 2007
- Team Size: 3000+
- Industry: Enterprise Software
What This Means
This funding round demonstrates strong investor confidence in ZoomInfo's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. ZoomInfo's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $14.5B valuation marks an important milestone for ZoomInfo, positioning the company among notable players in the Enterprise Software industry.
Looking Ahead
With this new capital, ZoomInfo is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-02-01. For more information about ZoomInfo, visit their headquarters at Vancouver, WA.
