The company raised $65 million of Series H venture funding in a deal led by Sageview Capital and Silver Lake Management on May 22, 2017, putting the pre-money valuation at an estimated $325 million. Altos Ventures, Adobe Ventures, Split Rock Partners, Sigma Partners, Scale Venture Partners and Greenspring Associates also participated in the round. The company which has raised almost $160 million in to total funding to date, intends to use the funds to extend their ABM leadership position, accelerate innovation of their Artificial Intelligence (AI) and machine-learning technology and expand ABM adoption worldwide.
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