Tech Company Financing Transactions

PropelPLM Funding Round

On 9/22/2021, PropelPLM raised $20 million in Series C funding from Salesforce Ventures, Ankona Capital and Cloud Apps Capital Partners.

Transaction Overview

Company Name
PropelPLM
Announced On
9/22/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series C
Investors

Salesforce Ventures (Lead Investor) (Cindy Bolt)

Ankona Capital (Jared Smith)

Cloud Apps Capital Partners

Green D Ventures

Norwest Venture Partners (Sean Jacobsohn)

TIFF Investment Management

Proceeds Purpose
With this new round of funding, Propel will continue its development of Product 360 - the only unified quality management (QMS), product lifecycle management (PLM) and commercialization solution built on Salesforce.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
451 El Camino Real 110
Santa Clara, CA 95050
USA
Phone
408-755-3780
Website
www.propelplm.com
Email Address
[email protected]
Overview
Propel's mission is to help companies, partners and customers propel innovation with the only product lifecycle management (PLM) solution built 100% on the Salesforce platform.
Profile
PropelPLM LinkedIn Company Profile
Social Media
PropelPLM Company Twitter Account
Company News
PropelPLM News
Facebook
PropelPLM on Facebook
YouTube
PropelPLM on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ray Hein
  Ray Hein LinkedIn Profile  Ray Hein Twitter Account  Ray Hein News  Ray Hein on Facebook
Chief Financial Officer
Carmine Napolitano
  Carmine Napolitano LinkedIn Profile  Carmine Napolitano Twitter Account  Carmine Napolitano News  Carmine Napolitano on Facebook
Chief Marketing Officer
Dario Ambrosini
  Dario Ambrosini LinkedIn Profile  Dario Ambrosini Twitter Account  Dario Ambrosini News  Dario Ambrosini on Facebook
Chief Technical Officer
Ronald Hess
  Ronald Hess LinkedIn Profile  Ronald Hess Twitter Account  Ronald Hess News  Ronald Hess on Facebook
Vice President
Kevin Crothers
  Kevin Crothers LinkedIn Profile  Kevin Crothers Twitter Account  Kevin Crothers News  Kevin Crothers on Facebook
Vice President
September Higham
  September Higham LinkedIn Profile  September Higham Twitter Account  September Higham News  September Higham on Facebook
Vice President
Kevin Walsh
  Kevin Walsh LinkedIn Profile  Kevin Walsh Twitter Account  Kevin Walsh News  Kevin Walsh on Facebook
VP - Customer Service
Mary De Frenchi
  Mary De Frenchi LinkedIn Profile  Mary De Frenchi Twitter Account  Mary De Frenchi News  Mary De Frenchi on Facebook
VP - Engineering
Kishore Subramanian
  Kishore Subramanian LinkedIn Profile  Kishore Subramanian Twitter Account  Kishore Subramanian News  Kishore Subramanian on Facebook
VP - Marketing
Be'Anka Ashaolu
  Be'Anka Ashaolu LinkedIn Profile  Be'Anka Ashaolu Twitter Account  Be'Anka Ashaolu News  Be'Anka Ashaolu on Facebook
VP - Marketing
Miguel Tam
  Miguel Tam LinkedIn Profile  Miguel Tam Twitter Account  Miguel Tam News  Miguel Tam on Facebook
VP - Product Management
Thomas Shoemaker
  Thomas Shoemaker LinkedIn Profile  Thomas Shoemaker Twitter Account  Thomas Shoemaker News  Thomas Shoemaker on Facebook
VP - Sales
Charles Lawson
  Charles Lawson LinkedIn Profile  Charles Lawson Twitter Account  Charles Lawson News  Charles Lawson on Facebook

 

 

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