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DataFox Raises $5 Million from Goldman Sachs and Green Visor Capital, Introduces DataFox for Teams and DataFox Conference Explorer

We're very excited to share that DataFox has raised $5M in additional funding with participation from Goldman Sachs and Green Visor Capital. These investors bring tremendous experience and a broad network to complement the continuing support from some of the best investors and strategic advisors in Silicon Valley, including Google Ventures, the Stanford-StartX Fund, and Ram Shriram.As part of this funding round, Simon Yoo (Green Visor) and Rana Yared (Goldman Sachs) have joined our Board as Director and Observer, respectively. On our Advisory Board, Erik Nierenberg, a veteran of Salesforce, joins Steve Alesio, the former CEO of corporate data juggernaut Dun & Bradstreet.

This milestone also marks our two-year anniversary as a company. During those two years we’ve built a groundbreaking solution to problems felt by some of the world’s most prolific companies in growing their business. That’s why today we’re also officially unveiling DataFox For Teams and DataFox Conference Explorer, features used and loved by firms such as Box, Scale Venture Partners, Mail.ru, and Looker.

DataFox puts the information you need at your fingertips, so you can make better business decisions

After thousands of hours working with teams across sales, marketing, finance, and strategy, we know exactly what inefficiencies companies struggle with in finding their next customers, partners, and investment opportunities.

To replace legacy processes that are manual, tedious and error prone, we built a data-science-driven solution that captures more information, makes fewer mistakes, and saves our customers lots of time.

DataFox uses natural language processing and proprietary algorithms to synthesize and interpret information about the world’s companies, sectors, and people from thousands of sources. With these massive datasets we’re able to help clients clean, structure, and augment their data, empowering them to spend time making decisions instead of searching for data.

DataFox For Teams: Share and centralize your institutional knowledge

With our latest release, DataFox For Teams, we’re putting an end to teams emailing news articles around, spreadsheets going stale, and important conversations getting lost:

  • List sharing: ensures everyone has the same up-to-date information and receives notifications when companies are added or commented on
  • News collaboration: comment on news headlines to preserve important discussions on your prospect lists forever, while removing clutter from your inbox
  • Pipeline prioritization: schedule reminders, track status, or add custom columns, so your data is fused with the datasets DataFox collects for you
  • Custom reports: run filters like “top priority companies we haven’t touched in 6 months who just raised funding,” to focus your time in the right places

“DataFox has really streamlined our outbound prospecting. Our SDRs can now build lists of companies to reach out to in a fraction of the time, saving time for deeper research and leading to more meaningful conversations with the people we reach out to.” – Kyle Coleman, Director of Sales Development, Looker

DataFox Conference Explorer: One of our clients’ biggest requests

Our customers asked us to find, catalogue and analyze sponsors, exhibitors and speakers for major upcoming conferences. After 18 months of algorithmic and manual data collection and structuring, we’re proud to present: DataFox Conference Explorer. DataFox now alerts you about conferences your prospects will participate in, and you can filter thousands of participant lists by keyword, funding, and other criteria, plus view key stats from DataFox’s massive dataset. Time saved preparing for the average conference? About 8 hours.

“DataFox has been instrumental in helping us discover, target, and engage the early-stage market for our platform development efforts." – Joel Bailon, Platform Team, Box

Lots of new things to celebrate: Investors, advisors, office and teammates

In other news, to accommodate an influx of new teammates and floor-to-ceiling white boards, we just moved into our new office in San Francisco’s SoMa district. We doubled headcount in the last six months and doubled revenues in each of the last two quarters.

With our aggressive plan for the next 18 months, our aim is to solidify our position as a technology leader at the intersection of Business Intelligence and Sales Acceleration; markets pegged at $13.3B and $12.8B in 2013 by Gartner and InsideSales.com, respectively, and both growing at double-digit rates.

We’re hiring in sales, marketing, engineering, design, and data science. If you want to solve tough data challenges, are keen to work with customers at prestigious companies, and are looking for an almost vertical learning curve, check out our job openings!