Gong.io Extends A1 Funding Round

Gong.io, a conversation intelligence platform for sales teams, received an investment from Cisco Investments in an A1 funding round extension.

According to the company, Gong.io automatically records, transcribes, and analyzes every sales conversation so businesses can replicate successful discussions, coach their reps, and ramp up new hires faster. It plans to make its debut appearance at the Cisco Live conference June 10th in Orlando, Florida.

“Cisco Invests in companies that capture major market transitions,” said Rob Salvagno, vice president of Corporate Development and Cisco Investments. “Gong’s introduction of contextual and action-driven artificial intelligence specifically tailored for sales conversations represents a major overhaul in the way companies engage with customers, and augments collaboration tools to make them more valuable to businesses.”