The announcement comes as Photoroom launched its first foundation model tailor-made for product photography, Photoroom Instant Diffusion (Photoroom ID), which is trained to master product photography to ensure that images from different sources look consistently styled.

“The foundation model is the next step in empowering businesses to create amazing product photos without the need to be an expert at prompt engineering or photography,” said Matthieu Rouif, Co-founder and CEO at Photoroom, in a statement. “Our model has been trained to excel at product photography and can quickly adapt to user needs and feedback. We are not only increasing the speed of our model, but also optimizing for quality, through higher resolution, more detailed images and a larger training dataset than ever before. As a user-centric AI company, we designed the architecture to make sense for our users.”

Additionally, the company is launching a suite of new AI photo-editing tools, which include:

• AI Backgrounds, formerly known as Instant Backgrounds, that generate AI backgrounds for product photography;
• AI Expand, to realistically expanding the scene around an existing image;
• AI Images, which allow customers to create custom images from scratch using text prompts;
• AI Fill, which customizes an item or area of an image;
• Auto-Rotate, which corrects the camera angle with AI for more professional images;
• AI Upscale, which enhancese resolution of images for higher quality photos; and
• An Image Editing API that helps businesses use Photoroom’s API to generate and edit hundreds of images in seconds.

The post Photoroom Secures $43M In Series B Funding; Releases Suite Of AI Tools appeared first on Demand Gen Report.

Redactable’s AI-driven platform leverages natural language processing and machine learning to automatically detect sensitive information in documents and redact it. The company plans to use the funding to advance its market reach, visibility and operations.

“With so much confidential information being shared electronically, the risk of data vulnerability for both individuals and organizations is increasing exponentially,” said Amanda Levay, Redactable Founder and CEO, in a statement. “Too much time is spent using black markers or drawing boxes over sensitive data, which is not only inefficient but also ineffective.”

The post Redactable Raises $5.5M In Seed Funding appeared first on Demand Gen Report.

Stockpress seeks to combine file management with the features of digital asset management software. With the new capital, the company plans to grow its team and invest in attracting, engaging and converting new customers from the content, marketing and creative communities.

“We’re excited to continue scaling the Stockpress business — not just in terms of new customers, but growing through our existing customer base, too,” said Jessica Storry, CEO and Co-founder at Stockpress, in a statement. “We’re building integrations with the tools our customers are using every day. Whether it’s project management, design or communication, we’re looking to be the hub for teams to organize, share and find media files.”

The post Stockpress Raises $1.8M In Seed Funding appeared first on Demand Gen Report.

The Canvs AI platform is built to unlock critical insights in unstructured feedback from multiple sources, using a combination of patented, natural-language algorithms and a newly released generative AI co-pilot, AI Story Assist, that presents users with an automated narrative about their data. Canvs AI seeks to investigate data with plain-language questions and produce easily understood and quantifiable metrics into emotional reactions.

“Brands are already sitting on a mountain of feedback collected from their survey tools, customer support chats, interview transcripts, reviews and social media,” said Jared Feldman, Canvs AI Founder and CEO, in a statement. “But it’s incredibly inefficient — if not impossible — to generate meaningful insights from it. Canvs allows insights, customer experience and HR leaders to unlock significant business value for their organizations by turbo-charging time-to-insights and empowering empathetic decision-making.” 

The post Canvs AI Secures $15M In Funding appeared first on Demand Gen Report.

According to the company, Apollo.io has grown revenue 9X over the last two years and currently serves more than 3 million GTM professionals at more than 500,000 companies from startups to global enterprises. With the new capital, the company plans to more than double its employee count to continue building its GTM product.

“In line with our mission to make world-class GTM solutions simple and accessible to all, we have experienced unprecedented product-led growth during a time of economic uncertainty,” said Tim Zheng, Co-founder and CEO at Apollo, in a statement. “Our investors, led by Bain Capital Ventures, bring a new level of sophistication to the table that will accelerate Apollo.io’s journey from startup to scaleup. We look forward to expanding our offering for sales professionals to effectively target, engage and convert buyers into long-lasting customers.”

The post Apollo.io Secures $100M In Series D Funding appeared first on Demand Gen Report.

Apollo.io’s platform includes a B2B contact database with information on more than 220 million buyers and provides sales engagement features that help sales teams automate their workflows and outreach. The platform seeks to streamline the sales process by integrating with other sales tools including Salesforce, HubSpot, Marketo, Sendgrid and LinkedIn.

With the funding, Apollo.io plans to accelerate its product-led growth and increase its investment in product and engineering by nearly 300%. The latest round brings the company’s total raised funds to more than $140 million, as it closed a Series B round in November 2021.

“Apollo’s mission is to make world-class go-to-market solutions simple and accessible to all,” said Tim Zheng, Co-founder and CEO of Apollo.io, in a statement. “We are one of the fastest-growing sales platforms integrating the most accurate buyer data with powerful engagement, automation and intelligence tools to easily find and target the right buyer at the right time with the right message. This funding will enable us to hire the very best people in the industry, continue to build and market our category-leading sales intelligence and engagement platform and accelerate our growth with investments in marketing and sales.”

The post Apollo.io Raises $110M In Series C Funding appeared first on Demand Gen Report.

But first, let’s get the pleasantries out of the way: Welcome back to Demand Gen Report’s blog series, Buzzworthy B2B. We’ve spent the past month watching the latest news and hottest trends in the industry and curated the top research statistics, financial news, personnel changes and more to keep you in the loop. Check out all the latest happenings in the B2B space throughout January 2022 below!

Top 5 Takeaways:

1. Although social advertising isn’t new, it’s quickly becoming one of the most effective ways to reach new audiences as social channels replace the leads that were often generated through events and sales interactions.
2. Comparatively, revenue operations (RevOps) is one of the newer kids on the marketing block — but marketing teams are finally mastering and fully embracing RevOps to align marketing, sales and customer success and ensure the departments are working together with clients top-of-mind.
3. Diversity, equity and inclusion (DEI) initiatives are taking center stage: 69% of marketers indicated that buyers are asking about their stance on social justice, while 67% said it’s important for their teams to represent the world around them.
4. As in-person events start to mount a comeback, virtual/hybrid offerings are here to stay: According to Emerald’s “B2B Events Industry Outlook 2022” report, virtual and digital offerings are moving beyond complementary and optional to become core and essential components that augment the in-person event experience and drive year-round engagement.
5. After teasing the announcement back in October 2021, ON24 officially released its self-service Go Live solution, which seeks to help users stream live video events and deliver interactive, engaging experiences for audiences. The platform seeks to empower marketers to run multi-session, live-streamed digital events, interactive webinars and large virtual conferences with ease.

Financial Feats

• Following a $200 million Series E round and $125 million Series D round, account engagement platform 6sense raised its total valuation to $5.2 billion. The company plans to use the new capital to innovate the future of email for B2B marketing and sales teams.
• Mperative received a cumulative $6 million in funding following a $5 million Series A round and a prior $1 million seed round. With the investment, the company hopes to expand its data science, engineering, sales and marketing teams and accelerate the development of its revenue marketing platform.
• After securing $248 million in Series F funding, sales enablement platform Highspot brought its total evaluation to $3.5 billion. With the new capital, the company wants to improve the way people work with a natively built sales enablement platform that helps companies drive consistent revenue growth.
• Throughout 2021, person-based advertising platform Influ2 achieved 167% revenue growth, 3X recurring revenue and 72% employee base increase, and expanded its leadership team.

All Together Now

• Event software companies MeetingPlay and Aventri merged their complementary offerings to become a full-service event software provider. The two companies will integrate their proprietary software platforms to help elevate event experiences through a lineup of products for companies across various markets.
• Custom Ink acquired Printfection to help companies create, store, manage, track and distribute their custom swag and gifts. Printfection will largely operate as an independent unit while the companies work to make the platform available to Custom Ink’s existing enterprise customers and flesh out longer-term integration plans.
• Conversion intelligence platform Unbounce joined forces with LeadsRx to unlock new opportunities for marketing and business growth and position Unbounce to bring marketing attribution to SMB customers.
• Mediafly completed its acquisition of InsightSquared to help power its Revenue360 revenue intelligence solution, which helps provide an insights-driven sales system that captures and analyzes data at every buyer touchpoint. The combined solution will create one visual dashboard for content engagement, conversational intelligence, buyer intent, value engagement and sales activity data.

Climbing To New Heights

• Nick Runyon will become the CEO of PFL on Feb. 4, as Founder and current CEO Andrew Field will retire. Runyon currently holds the role of President.
• Jen Spencer quickly climbed through the SmartBug Media ranks, starting as VP of Sales and Marketing before being promoted to Chief Revenue Officer (CRO). After nine months as CRO, she transitioned to President on Feb. 1.
• ZoomInfo welcomed Simon McDougall as its first Chief Compliance Officer to (predictably) oversee the platform’s compliance function.
• Diversity and inclusion advocate Mariana Prado Cogan was named People.ai’s new Chief Marketing Officer to help scale GTM efforts and expand the company’s RO&I offerings.
• Shift Paradigm hired Elizabeth Ross — and her two-plus decades of leadership experience — to serve as its new CEO, while its Co-founder and previous CEO Morgan Stewart joined the Board of Directors.

The post Buzzworthy B2B: The Latest News & Trends From January 2021 appeared first on Demand Gen Report.

The company said it will use the new capital to deliver the future of email for B2B marketing and sales teams, which includes expanding the capabilities of recently acquired AI-driven email marketing platform Saleswhale. 6sense plans to further extend Saleswhale’s native engagement channels into the 6sense platform to build on its “RevTech Revolution” promise to help put the power of AI, big data and machine learning behind every member of the revenue team.

Additionally, the latest funding will accelerate GTM strategies such as:

• Further expansion in EMEA, Australia and other international markets to support market demand;
• Investing in people and technology to continue building against its aggressive product strategy; and
• Addressing demand from financial services, manufacturing and health and life services verticals.

“Nineteen months ago, we ignited the RevTech Revolution with a promise to provide the only AI-driven platform that unifies data, people and processes to unlock predictable revenue potential,” said Jason Zintak, CEO of 6sense, in a statement. “We’ve delivered on this promise and the market has spoken. Our growth continues to outpace every competitor in our category, and customers consistently rave about the exceptional results they see with 6sense. This investment adds fuel to our trajectory and gives us the ability to accelerate on our commitments.”

The post 6sense Closes $200M Series E Round, Increases Valuation To $5.2B appeared first on Demand Gen Report.

Highspot seeks to improve the way people work with a natively built sales enablement platform that helps companies drive consistent revenue growth. Its overall goal is to help customers increase individual rep performance and retain top talent across their teams.

As the company expects to grow by more than 500 employees in the next 12 months, it plans to use the funding to deepen investments across its business as it expands globally, accelerates product development and continues to create a thriving company culture.  

“Transforming the way millions of people work is more than a phrase — it’s our goal every day,” said Robert Wahbe, CEO of Highspot, in a statement. “To deliver a product millions of people love, we must continuously cultivate a workplace that energizes, inspires and supports our people to be their full selves and do their best work. Our focus has driven spectacular growth and the best part is, we’re just getting started.”

The post Highspot Closes $248M Series F Round To Accelerate Growth & Product Innovation appeared first on Demand Gen Report.

Celigo is an iPaaS company that aims to deliver prebuilt business process automations with embedded business logic, enabling IT and non-IT users to use preconfigured settings to impact the behavior of multiple downstream flows. The company recently announced it is the only iPaaS provider to automate business processes across multiple cloud applications using a single prebuilt integration.

“For too long, the promise of the modern iPaaS has gone unrealized,” said Jan Arendtsz, Founder and CEO at Celigo, in a statement. “Legacy providers connect cloud-based business applications, but the automation of business processes that use those applications has not improved. With the support of our investors, Celigo will enable breakaway growth, controlled cost management and superior customer experiences for our customers by ensuring that every process — at every level of the organization — can be automated in the most optimal way from a single platform.”

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