Finally! SaaS and cloud solutions to open up for Banking at scale! The recent financing will fund an a team who will work to expand the company’s product suite which is also built on Salesforce.
Last month banking software company nCino proudly announced it had raised $29 million from investors. It turns out the North Carolina-based company wasn’t finished raking in growth capital—this morning nCino declared it had taken even more money in the round, this time from Salesforce Ventures. The company recently was named one of FORBES Most Promising Companies for 2015. nCino declined to disclose exactly how much more cash it collected from Salesforce Ventures, the cloud-focused strategic investment firm of Salesforce—the $43 billion customer service cloud company ubiquitous in the sales and marketing world. The latest announcement aside, to date nCino has raise about $53 million, CEO Pierre Naudé told FORBES last month.