6sense Gets Millions In Most Recent Round Of Funding

6sense, a tech company based in San Francisco, California, recently managed to round up $27 million in its most recent round of funding. News of the company’s successful run at funding broke earlier this morning, on April 16, 2019.

Contributors to the company’s most recent round of investor funding came from the likes of Venrock, Costanoa Ventures, Salesforce Ventures, Battery Ventures, Industry Ventures, and Bain Capital Ventures. The funding, self-described by 6sense’s representatives as “growth funding following series B,” was the fourth official group of funding the company has received since opening its doors six years ago. In total, 6sense has drummed up roughly $63 million from investors over its four rounds of financing.

The most recent round of funding is the first in nearly four years for 6sense. The company’s series A round was announced on May 20, 2014. The next year, the company opened its arms to two series B rounds of funding, which were announced on Feb. 19, 2015, and July 1, 2015. This round, boasting six contributing firms, boasts the highest number of investors that 6sense has managed to gain financial support from. The previous three rounds brought four, three, and one investor, respectively.

Jason Zintak, the chief executive officer of 6sense, said that the $27 million will be used to further expand the capabilities of its proprietary products.

6sense has made great strides in the past few quarters. One of the most major moves that 6sense has made thus far is expanding its offices on both the international and domestic fronts, opening offices in India and New York City, respectively, both of which are currently active.

The tech startup generates income by providing inferences that the company’s professionals have made from data compiled by proprietary software. The vast majority of the company’s clients are those who offer sales and marketing services to other businesses in a B2B capacity. Most of 6sense’s insights are related to predicting future increases for the demand of individual types and broad classes of products sold across the planet.

Some of the information that 6sense’s proprietary software and its marketing professionals use include competitors’ recent marketing activities, consumer Internet usage trends, and the intention of web users when visiting companies’ web pages. As more people become regular Internet users and per-person Internet usage grows higher, the information that 6sense drums up is becoming increasingly important to businesses across the globe.

The public currently doesn’t know just how many clients 6sense serves right now, though Cisco, Zendesk, Oracle, Dell, and Box are some of the most high-profile clients that trust 6sense for its reliable marketing and sales insights. According to a press release directly from 6sense earlier today, the company claims to provide roughly 40 percent more sales opportunities to clients, though this figure is not supported by independent research.

Another unverified claim made by 6sense today is that the company’s revenue more than doubled in 2018.

The reason the two aforementioned claims can’t be verified is that the company doesn’t share its performance marks or financial information with the world, something that most private companies share.