Demandbase Signs Definitive Agreement to Acquire InsideView and DemandMatrix, Launches The Demandbase Data Cloud and Sales Intelligence Cloud
SAN FRANCISCO, May 4, 2021 /PRNewswire/ -- Demandbase, the B2B go-to-market leader, today announced the acquisition of both InsideView, a leader in sales and marketing intelligence, and DemandMatrix, the best provider of technographic data and intelligence.
These acquisitions significantly expand the Demandbase One B2B Go-To-Market Suite. Joining the Demandbase ABX Cloud and Advertising Cloud are the new Data Cloud and Sales Intelligence Cloud. Together, Demandbase One provides the data for a comprehensive understanding of accounts, the decisioning to engage the right accounts and people with the right message at the right time, and the delivery capabilities to take action across multiple channels.
"We're proud to join forces with these two great companies," said Gabe Rogol, CEO of Demandbase. "Our vision is bold. We are transforming how B2B companies go to market, helping them deliver great experiences at every stage of the account journey. This requires great data — and we now have the premium B2B data and intelligence solutions to help companies identify, understand, and engage their customers and prospects. With this move, Demandbase moves from being 'just' a leader in account-based programs to being the definitiveleader in B2B go-to-market."
Data is the foundation of any winning B2B go-to-market strategy. Software and predictive analytics are only as good as the data that powers them, and better data helps create better decisions and stronger go-to-market strategies. And yet quality data has been a challenge for companies, with insights fragmented across multiple vendors. It hasn't always been easy to integrate all these sources, and it's been near impossible to keep it up to date and maintained.
With these acquisitions, Demandbase now offers a complete "one-stop-shop" for quality data across the five key components required for B2B go-to-market:
In addition, the Data Cloud also includes Data Integrity. Powered by InsideView, Data Integrity is a customer data management solution that continuously cleans, monitors, and unifies CRM data with the most reliable, up-to-date information.
"For the last 15 years, we've been focused on empowering our customers to experience rapid revenue growth through the power of data," said Umberto Milletti, CEO of InsideView. "InsideView's leadership in sales intelligence made it clear to us years ago that stronger ties between sales and marketing lead to more revenue—and data is the key. By joining forces with Demandbase, we're combining our legacy and leadership in sales, and the industry's freshest, most reliable data, with leading marketing technology. Our customers will be able to do more with data across more B2B revenue channels from sales, to advertising, to account-based campaigns. We're taking the convergence of data and workflow to the next level."
"B2B data is complex and customers consistently ask us for help with their data stack," said Meetul Shah, CEO of DemandMatrix. "We started with further innovating technographic data to give customers valuable insights into their prospects and what other technologies they might buy. By now being part of the Demandbase Data Cloud, we'll be able to provide customers access throughout the B2B data stack to help them realize their revenue goals."
Milletti and Shah will continue to run the day-to-day operations of their businesses, and be members of the Demandbase executive team in general manager roles.
"These new offerings let us work even more flexibly with our customers," continued Rogol. "Customers can mix and match to focus on the areas most important for them, whether that's data embedded to their existing systems, or advertising, or sales intelligence, or a full account-based transformation. We are moving aggressively to deliver on this mission, and no company will move faster than us to achieve it."
To learn more, visit https://www.demandbase.com/insideview-demandmatrix.
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