SCV portfolio company Cognism, the globally compliant international sales intelligence provider, has secured $87.5 million in funding. The investment will support the company’s ambitious plans to expand across Europe and strengthen its position in the US. The company envisages this expansion as a combination of organic growth and acquisitions.
2022 is to build on impressive 2021 results
Cognism, which in 2021 reported 100% ARR growth and some impressive customer wins, is set for continued success in 2022. Recent months have seen significant investment in new products and partnerships. Among others, the company formed a partnership with Bombora to provide industry-leading intent data within the latest version of Cognism’s platform. Furthermore, the year also saw the company setting a new standard in data quality with the launch of Diamond Data®, which provides the most accurate, GDPR & CCPA compliant phone-verified contacts for business development teams internationally.
James Isilay, CEO of Cognism explains: