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Aviso Raises $15M to Empower Sales Leaders to "Crush The Quarter"PALO ALTO, Calif., April 9, 2015 /PRNewswire/ -- Aviso (www.aviso.com), the predictive insights software company for sales management, operations and forecasting, today announced a $15 million round of Series B funding co-led by Scale Venture Partners and Next World Capital, with participation from all existing angels and investors, including Shasta Ventures, First Round Capital, Bloomberg Beta and Cowboy Ventures. Additionally, Stacey Bishop from Scale Venture Partners and Craig Hanson from Next World Capital will be joining Aviso's board. This latest round brings total investment in the company to $23 million and will be used to grow its sales, marketing and customer success teams to empower sales organizations to meet and exceed their quarterly revenue targets. Aviso today also announced it achieved the SOC-2, Type II certification, the highest standard of security for safeguarding customers' sensitive data.  Since launching in September 2014, Aviso Insights has become a key platform for leading enterprise sales organizations including Splunk, Nutanix, Lucidworks, RingCentral, Saba, and many others to accurately predict and execute on their revenue targets. Sales teams across the globe rely on the weekly sales forecast call for effective sales management, coaching, prioritization and sales strategy, but it continues to languish in primitive tools. Aviso automates this process and modernizes it with predictive insights based on advanced machine learning and portfolio management frameworks. Sales teams use Aviso to forecast across their geographies and business units, get insights into prioritizing and allocating resources to meet their target, and flag early warning signals so they can make appropriate course corrections. "Sales leaders are inundated with information, including reports and dashboards that claim to automate decision making, but actually provide very little insight into what to do," said K. V. Rao, Founder and CEO, Aviso. "Sales organizations need an effective decision-support system that empowers them to make the best possible decision, given all the available information. We enable business leaders to trust their judgment and experience while taking into account the risks and tradeoffs, enabling them to make decisions with confidence to consistently hit or exceed their revenue goals." What AvisoCustomers and Analysts are Saying "Most sales analytics solutions deluge sales execs in a sea of information when what they really need is knowledge," said Denis Pombriant, managing principal at Beagle Research Group. "Aviso's unique machine learning system filters out the extraneous information to deliver knowledge that they can use to make informed decisions. This is decision support as it was always meant to be." What Aviso Investors are Saying "We've known K. V. and Shasta Ventures through the growth of Zuora into a SaaS leader on a global scale and are excited this brings us together again," said Craig Hanson, General Partner at Next World Capital. "Aviso's innovative product is serving a tremendous market opportunity to bring the power of data analytics and collaborative cloud software into an intuitive, robust platform for sales management, operations, and forecasting so sales leaders can nail their sales goals with confidence. Aviso has assembled a top-tier team to go after this next big opportunity in SaaS." About Aviso About Next World Capital About Scale Venture Partners Logo - http://photos.prnewswire.com/prnh/20150408/197509LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aviso-raises-15m-to-empower-sales-leaders-to-crush-the-quarter-300063275.html SOURCE Aviso 
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