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Software Startup Outreach Valued at $4.2 Billion in New Funding

  • Seattle-based business has Adobe, Cisco, DoorDash as customers
  • $200 million investment includes Sequoia Capital, Tiger Global
Manny Medina, co-founder and chief executive officer of Outreach
Manny Medina, co-founder and chief executive officer of OutreachPhotographer: David Ryder/Bloomberg

Seattle-based Outreach, a startup that specializes in sales intelligence, said it’s valued at $4.2 billion after its latest round of financing, more than triple what it was worth last year.

The new $200 million investment was led by new investors Premji Invest and Steadfast Capital Ventures, with participation from Sequoia Capital, Tiger Global Management and private equity firm Vista Equity Partners. Premji Invest is a fund managed by the family office of Indian tech billionaire Azim Premji.