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New Deal


Announced

Completed

Coatue led a $200m Series D funding round in Gong.

Financials

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Transaction Value£152m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Software

Private

Single Bidder

revenue management software

Acquisition

Completed

Venture Capital

Minority

Friendly

Private Equity

software

Synopsis

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Coatue, a technology sector hedge fund, led a $200m Series D funding round in Gong, the revenue intelligence platform. The funding was joined by Index Ventures, Salesforce Ventures and Thrive Capital, with participation from existing investors Battery Ventures, NextWorld Capital, Norwest Venture Partners, Sequoia Capital and Wing Venture Capital. "Revenue intelligence is an exciting category in sales technology. We were impressed with Gong's strong market traction and the resounding enthusiasm expressed by their customers," Alex Kayyal, Salesforce Ventures Partner.

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