Corel buys VC-backed sales engagement platform ClearSlide

Canadian software provider Corel Corp has acquired ClearSlide Inc, a San Francisco software-as-a-service platform that helps sales, marketing and service teams engage with customers. No financial terms were released. Vector Capital-backed Corel said it will invest in the development of ClearSlide's cloud-based technology and support its growth into new markets. Founded in 2009, ClearSlide serves more than 2,000 companies with nearly 1 billion minutes of engagement from customers. It has raised close to US$90 million from Bessemer Venture Partners, Felicis Ventures, Greylock Partners, Social+Capital Partnership and others, according to Thomson Reuters.

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