Insightly raises $25 mln from Scott Bommer, Emergence, Cloud Apps, Sozo

Insightly said it raised $25 million of Series C financing in a deal led by SAB Capital founder Scott Bommer and joined by existing investors Emergence Capital Partners, Cloud Apps Capital Partners and Sozo Ventures. Insightly previously raised $16 million, bringing its total capital raised to more than $40 million. This funding will be used to accelerate growth and build out a direct sales team.

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