Yesware provides an email productivity platform for sales teams to prospect, connect, and close deals, integrating with the tools reps use daily (Gmail, Outlook, O365 and Salesforce). The platform offers email tracking and analytics, customizable sales templates, CRM integration, email campaigns, and presentation tracking, and gives managers insight into the sales pipeline. The company intends to use the new funding to accelerate investment in product innovation and development. Yesware announced a $15M funding round that brings its total funding to $48M. The round was led by Foundry Group with participation from existing investors Battery Ventures, GV, IDG, and Shea Ventures. Leadership changes accompanied the raise: Joel Stevenson was appointed CEO and co-founder Matthew Bellows stepped down as CEO to serve as Chairman and lead partnerships and product vision. Yesware offers a sales toolkit that injects data insights and sales communication tools into existing email workspaces to help salespeople connect with prospects and track engagement. Led by founder and CEO Matthew Bellows, the product focuses on embedding analytics and outreach tools directly into users' email workflows. The company is based in Boston, MA and San Francisco. Yesware raised $13.3M in the reported financing and intends to use the funds to accelerate growth. No revenue or user metrics are provided in the article. Yesware provides email productivity solutions integrated into Gmail for salespeople, offering email tracking and analytics, customizable sales templates and CRM integration. The company is led by founder and CEO Matthew Bellows. Its tools are designed to help salespeople communicate with customers and integrate with existing CRM workflows. Financially, Yesware’s Series B round was increased by an additional $1.2M in this announcement. The Series B now stands at $14.7M. No operating metrics or future product plans were disclosed in the article. Yesware provides sales-focused email productivity tools including email tracking and analytics, customizable sales templates, and CRM integration. The company launched a Gmail extension on Salesforce.com’s AppExchange to sync emails, calendar events, tasks, and contacts between Google Apps and Salesforce. Yesware was founded by CEO Matthew Bellows and is hiring. It raised a $13.5M Series B and says it will use the funds to accelerate platform expansion efforts. Following the Series B the company has now raised a total of $18.5M. Yesware offers a suite of services that run in Gmail (via Chrome/Firefox extensions) and on mobile to help salespeople with email templates, open tracking, reports, analytics and CRM integration. The product integrates with professional CRMs such as Salesforce.com, Microsoft Dynamics, Oracle CRM and Highrise, while also serving as a standalone freemium tool for smaller teams. Feature highlights include email tracking, engagement-based prioritization, goal and prospect analytics, and dollar-value reporting tied to prospects. The company reports 40,000 salespeople using the product and customers including Yammer, HubSpot, AdRoll, KISSmetrics and StackOverflow; paid tiers are available at about $5/month. Yesware currently offers an Android app and plans improvements on Android plus launches for Outlook, iOS and tablet apps, and other non-email tools such as a follow-up-calls app. With the new funding the company also plans to expand its team (from eight to fifteen by year-end) and relocate from Cambridge to Boston.

Total raised

$48M

Funding rounds

6

Latest round

Equity

Latest activity

Aug 2018