SAVO Group Garners $14,000,000 New Funding Round

  • Feed Type
  • Date
    6/29/2011
  • Company Name
    SAVO Group
  • Mailing Address
    525 West Van Buren Chicago, IL 60607
  • Company Description
    SAVO is the industry’s only provider of collaborative Sales Enablement solutions.
  • Website
    http://www.savogroup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment will support SAVO’s rapid expansion and accelerate the continued innovation of its sales enablement platform.
  • M&A Terms
  • Venture Investor
    SAP Ventures
  • Venture Investor
    Sterling Venture Partners

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  • Mateo Ferreira

    We recently moved off of Savo for our sales tool management – it had become what we turned to them to replace – an out of date intranet.

  • Jason Feldio

    SAVO is an application that was behind the times at launch. Once clients are stuck in its web it becomes nearly impossible to escape. Avoid at all costs.