About Salesnet
Salesnet is a company based in Duluth (United States) founded in 1999 was acquired by RightNow Technologies in May 2006. Salesnet has raised $23.2 million across 3 funding rounds from investors including Juniper Networks, RightNow Technologies and Phoenix Investment Partners. Salesnet operates in a competitive market with competitors including Salesforce, HubSpot, SugarCRM, CallidusCloud and Freshworks, among others.
- Headquarter Duluth, United States
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Sectors
Technology
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$23.2 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series B
Mar 08, 2004
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Investors
Juniper Networks
& 4 more
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Employee Count
Not available
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Acquired by
RightNow Technologies
(May 22, 2006)
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Funding Insights of Salesnet
Salesnet has successfully raised a total of $23.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in March 2004. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Salesnet
Salesnet has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Juniper Networks, RightNow Technologies and Phoenix Investment Partners.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing in the US
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Corporate finance deals are managed by Phoenix Investment Partners.
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Delivers comprehensive solutions as an investment management firm.
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Investor details for Salesnet
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Investments & Acquisitions by Salesnet
Investment portfolio details for Salesnet
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Financial Statements - Salesnet
Detailed financials for Salesnet
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Salesnet Comparisons
Peer comparison for Salesnet
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Competitors of Salesnet
Salesnet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Salesforce, HubSpot, SugarCRM, CallidusCloud and Freshworks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based CRM and collaboration solutions are provided for enterprises.
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Provider of AI-powered customer relationship management software
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AI-based open-source CRM software is offered for customer lifecycle collaboration.
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Cloud-based solutions for sales, marketing, and pipeline management are provided.
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Cloud-based business process management suite solutions are delivered.
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A cloud-based platform for CRM and low-code automation is provided.
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Detailed competitors of Salesnet
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Latest news on Salesnet
Complete news archive for Salesnet
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Frequently Asked Questions about Salesnet
Salesnet was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Salesnet is headquartered in Duluth, United States.
Salesnet is a funded company, having raised a total of $23.2M across 3 funding rounds to date.
Salesnet was founded in 1999 in Duluth, United States, and operates in the software sector. A cloud-hosted CRM platform is offered to enterprises, supporting departments including marketing, sales, and customer service. Core functionalities encompass lead management, contact management, pipeline management, opportunity management, and tools for marketing and service support. The company was acquired by RightNow.
Salesnet's top competitors include HubSpot, Salesforce and Freshworks.
Salesnet has 5 investors. Key investors include Juniper Networks, RightNow Technologies, Phoenix Investment Partners, Prism Venture Partners, and WestAM.