TechCrunch
C9 has a new CEO and $12 million in funding for its platform that helps customers forecast sales revenues. The Series D round was led by existing investors Mayfield Fund, InterWest Partners and Leapfrog Ventures. The company has raised a total of $40 million.
New CEO Michael Howard previously worked as chief marketing officer at EMC Greenplum. He replaces former CEO Jim Burleigh who is now Chief Operating Officer at Engine Yard. Founder Scott Weiner sits on the C9 board of directors.
C9 describes itself as a revenue performance management company. Its analytics platform helps companies gain insights through historical trends. It looks at what deals are not going to close or what is wrong with deals starting at the beginning of the quarter to help companies focus on the most important accounts or determine how to improve the sales process.
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