Crowdsourced contact vendor Lusha closed on a $205 million Series B that valued the company at $1.5 billion. Growth equity firm PSG led both the Series A and B rounds. ION Crossover Partners also joined the B round, which brought total Lusha investment to $245 million.
Following its February Series A, Lusha invested in its go-to-market strategy and trebled its growth rate.
“We were still bootstrapped one year ago when we understood that we have a big opportunity to surge forward. We have since tripled our revenue growth rate, and that is why we required another funding round faster than we thought,” explained CEO Yoni Tserruya. “The next stage will be to go public. I’m not sure when that will be, but it will take at least two more years. We are seeing many companies that are going public too early and are facing difficulties in making projections and meeting expectations.”
The additional funds will be deployed towards building out its community of 800,000 B2B sales professionals “into the industry’s largest,” expanding its global presence, and continuing to focus on data quality, compliance, features, and ease of use.
“We have been following Lusha’s progress over the last two years and found the team’s vision and execution highly impressive. As sales teams continue to leverage data to drive their go-to-market strategies, Lusha is becoming an integral product for teams to optimize their outreach to improve overall win rates. With Lusha’s data significantly increasing the value and ROI realized by sales teams, we are excited to be a part of this next chapter in Lusha’s remarkable journey.”
Gili Iohan, General Partner at ION Crossover Partners
“Our primary goal is to give every salesperson, regardless of size or budget, access to the highest quality data at the most affordable price while championing world-class standards of privacy and compliance,” said President Assaf Eisenstein. “With this funding round, we will continue to invest highly in our data infrastructure and privacy standards to provide optimal levels of compliance and security for Lusha’s 800,000+ community members,” said Assaf Eisenstein, Co-founder and President of Lusha.
Contact data is gathered from a Community service that ingests email headers and signature blocks to maintain business card and email signature data. Data is also collected from publicly available sources, third-party licensing, and algorithmic data appending (e.g., email templates). Lusha claims that its community members help Lusha deliver “the most accurate data through constant validation and enrichment of its database.”
As part of its GDPR and CCPA compliance program, individuals are notified when they’ve been added to the database. Only business data is gathered, with no Personally Identifiable Information collected.
Lusha provides 100 million business profiles, 60 million email addresses, and 50 million direct dials across 15 million companies.
The Lusha browser extension for Chrome, Firefox, and Edge sends contacts from Gmail, social media, and B2B sites directly to Salesforce, HubSpot, Pipedrive, Zoho, SalesLoft, and Outreach. Users license credits individually or for a team, with the admin allocating credits. Lusha also supports Salesforce bulk enrichment and a contacts API.
Lusha helps sales professionals identify their ideal buyers and tailor their message to potential customers.
“Similar to the shift that marketing underwent a decade ago, sales professionals are abandoning spray and pray outreach, in favor of super-targeted selling based on data,” said Tserruya. “Lusha enables all salespeople to utilize data to recognize their most relevant opportunities and maximize revenue in a simple, easy-to-use solution. We look forward to using this funding to be at the forefront of this industry shift and grow Lusha into the largest B2B sales community”.
Lusha is rapidly growing, adding 29 staffers last month. It grew 45% over the past six months and 103% over the past year to 229 employees. Engineering grew 170% over the past year to 55 employees. Their other top departments are Sales (34 headcount, up 106%), Support (22 headcount, up 175%), and IT (21 headcount, up 91%).
The Israeli firm expects to end the year with 240 employees, twenty in its Boston office.
Lusha, founded in 2016, lists 32 open positions: five sales and support openings in Boston and twenty-seven openings in Tel Aviv across engineering, data, R&D, product, marketing, sales, HR, compliance, finance, and customer success.
Lusha’s customers include Facebook, Google, Dropbox, and Uber. Most of its customers are B2B SaaS companies, but it’s also used by VCs, investors, and recruiting agencies.
Sales Intelligence and B2B DaaS vendor SalesIntel announced two products at its inaugural SAS2021 user conference last month. CEO Manoj Ramnani founded SalesIntel a decade ago as Circleback, a contact enrichment and syncing service for inboxes, but pivoted the firm to focus on high-quality B2B data three years ago and rebranded the company SalesIntel.
SalesIntel was born “with a mission to provide quality data, timely intelligence, and streamlined workflow to help businesses achieve their growth objectives.” Its guiding principle, and unique value proposition, is keeping humans in the loop. Human-verified data is re-verified every 90 days, providing them with a 95% contact accuracy claim.
At launch, the company had 50,000 human-verified companies and one million contacts. Three years later, the company has
87 million machine-verified contacts
10 million human-verified contacts, 90% of which are North American.
14 million machine-verified company profiles
3 million human-verified company profiles
They have also partnered with Bombora for intent data and an undisclosed vendor for technographics.
The first new service, Data Enrichment, provides company, contact, and technographic data enrichment for Marketo, Salesforce, and uploaded CSV files. Data matching is performed against email, phone, domain, company name, and contact name. Fuzzy logic is employed for company and contact name matching.
The service includes a PDF downloadable enrichment report that details data quality and fill rates. If the admin is concerned about the enrichment, she may roll back the process.
SalesIntel also supports webform enrichment.
InboxIntel supports contact data syncing and enrichment from Gmail, Office 365, Exchange, and IMAP. New contacts are ingested from signature blocks, matched against the SalesIntel database, and uploaded to Salesforce. It is important to note that SalesIntel is not uploading and storing the data in their servers to build out its dataset but simply using it to populate and enrich its customers’ CRM.
InboxIntel also checks to see whether other new contacts at the company match a pre-defined buyer persona. The service then asks whether these additional contacts should be added to the service.
If both the company and contact are new to the CRM, records may be added to Salesforce as leads or accounts and contacts.
Both products are available as beta services through the end of the year. After that, they will be packaged as separate offerings. Ramnani described them as “new modules of our Modern Go-to-Market platform that will help with the firm’s continued growth.”
SalesIntel has grown to 400 employees and 2,000 global researchers. The company supports over 1,000 companies and nearly 10,000 users.
SalesIntel posted 200% revenue growth over the past year.
According to LinkedIn, “The Great Reshuffle” has increased turnover amongst buyers and sellers, leading to greater deal risk. Over the past three months, executive departures (Director and above) have increased by 31% globally. Among sales reps, the rate is up 39%. Thus, the likelihood of a deal being delayed due to a key member of the demand unit or sales team leaving has grown sharply.
Before the pandemic, the standard decay rate of contact records was between 25 and 30%. If the rate has jumped by one-third, then the likelihood of a specific member of the buying committee departing over a three-month sales cycle is approaching ten percent. Thus, a demand unit with six members will likely have one departure every three months, increasing the need for executive change alerts, multithreading of deals, and a deeper understanding of the demand unit.
If the deal is more complex, the odds of delays and stalled deals due to executive changes increase rapidly. A six-month deal cycle with a dozen members of the demand unit (financial, technical, and functional decision-makers, purchasers, influencers, lawyers, compliance, etc.) could lose two or three members. And that doesn’t even factor in the risk of churn on the vendor side. What’s worse, single-threaded sales reps have close to a 20% risk that their champion leaves the company or assumes a different role over the deal lifecycle.
The renewal math becomes scary as well. If the customer success team regularly interfaces with four individuals on the customer side, one or two of them may depart over the year, increasing churn risk. Furthermore, a higher churn rate among customers necessitates greater administrative and training tasks.
It shouldn’t be a surprise that 80% of sales reps have had a deal delayed or lost due to departures.
LinkedIn Senior Director of Global Sales James Burnette argued that multithreading is key to managing deal risk. “Multithreading – i.e., forming relationships with multiple people on the buying committee at an account – is always a best practice.” Burnette noted that sellers with at least four connections at an account are “16% more likely to close a deal with that company, compared to sellers who have less than four connections.”
“The most beneficial thing you can do right now is to learn how to master multithreading,” JB Sales Training Director Morgan Ingram said. “Gathering champions, influencers, and talking directly to the decision-makers is the key to success when it comes to closing deals faster in a difficult environment.”
Conversely, departures can foster relationships at new accounts, so knowing that a key demand unit member has departed is important for both risk mitigation at current opportunities and accounts and building relationships at new organizations. LinkedIn can both flag executive departures and maintain an open line of communications with a champion after he or she has settled into a new position.
“Resources are scant with so many people exiting key roles, so there are opportunities where they might not have been opportunities in the past,” Assist You CEO Robert Knop said. “Look through your connections – there are uncovered sales there.”
Lori Wizdo, Principal Analyst at Forrester, predicts that the Great Resignation will also impact marketing teams, with CMOs assembling more virtual teams consisting of freelance talent, fractional executives, and agency partners.
“We’re seeing clients in places like the Midwest having trouble keeping the talent they’ve built because their team members can get 25% more by working remotely for a New York agency. The distance and untethering from our geographies give people a lot more options, and they will minimize their pain and maximize their gain. So, there will be some stress on those internal competencies.”
Job turnover is likely to continue in the near term. The labor market remains out of balance with 100 open jobs for every 75 unemployed professionals, driving the quit rate to 4.4 million in September, a record high.
“You’re essentially seeing demand continuing to increase without an offsetting increase in talent,” Ryan Sutton, a district director at staffing company Robert Half International. “Until some new talent comes in, until we get employees who are on the sidelines back into the market, it’s very likely this is going to continue.”
RevOps Automation Platform Openprise closed on an oversubscribed Series A last month. The $16 million round was led by SIG Asia Investment, an affiliate of the Susquehanna International Group, with new investments from Banyan Pacific and Citta Capital. Existing investors Alumni Venture Group and AI List also participated.
Funding will accelerate development on the Openprise RevOps Automation Platform and scale up the sales and marketing teams.
Openprise cited a recent Gartner forecast that 75% of high-growth companies will deploy a RevOps model by 2025. “A move from sales enablement to revenue enablement is needed in today’s rapidly shifting buying and selling dynamic to support this RevOps imperative.”
“Openprise is uniquely positioned to capitalize on the momentum in companies moving to a RevOps model,” stated Anne Marie McCallion, its PR rep.
“When companies move to a RevOps model in order to better align marketing and sales, they soon identify huge gaps in their joint processes and data that aren’t addressed by traditional marketing and sales automation solutions like Marketo, Salesforce, and Salesloft,” said Openprise CEO Ed King. “Openprise is fueling the RevOps revolution by providing a single, no-code platform that can automate hundreds of RevOps processes and deliver go-to-market-ready data for the entire RevTech stack.”
Openprise customers include UI Path, Vimeo, Zendesk, Okta, Nutanix, Freshworks, Splunk, and Zscaler.
Openprise will face stiffer competition from RingLead, which was acquired by ZoomInfo in September.
Zylotech CTO Abhi Yadav will be Terminus’ Head of Platform Development. Yadav is also a Guest Lecturer at MIT Sloan School of Management.
The deal is Terminus’ fifth acquisition, backing up Gartner’s SalesTech Mayhem thesis that a handful of companies are quickly grabbing market share through strategic acquisitions and high levels of internal investment that fill missing capabilities.
Terminus’ acquisitions have focused on expanding the core capabilities of the company, not taking out competitors. The other acquisitions were
While CDPs are generally deployed to create a single view of the customer, David Raab, Founder of CDP Institute, commented that the Terminus CDP “will tie together the data silos that would otherwise result” from the acquisitions.
“CDP is becoming more widely adopted in B2B, as companies recognize their marketing automation and CRM systems are not enough to provide true data unification and sharing,” said Raab. “By acquiring Zylotech, Terminus positions itself – and its clients – to take full advantage of the capabilities that a CDP provides.”
While data usage and spending are rapidly increasing, few marketers trust their data. A 2017 Forrester survey found that only 12% of B2B marketers have high confidence in their data accuracy, and 84% identified data management as a top-five weakness.
“The key to a successful CDP is trust,” blogged Zylotech Director of Revenue Marketing Alex Bistran in August. “Sales, marketing, and customer experience teams need to trust the data stored in their CDP to drive decisions, whether it’s deciding which accounts require immediate attention or which campaign messaging is most likely to resonate with a particular customer. By constantly refreshing data from your own customer interactions and combining it with validated, third-party B2B data to accurately reflect your contacts and accounts, a CDP provides a clean stream of actionable data that can be operationalized to flow through your marketing, sales, and customer service channels. And, importantly, that can lead to a healthier revenue stream too.”
“B2B CRM data is painfully inaccurate and incomplete, and manual efforts to clean, deduplicate, and activate are slow and expensive. This leads to poor conversion rates, an incomplete view of buying committees, and misleading ROI,” stated the firm.
“Bad data in equals bad data out. Period. We’re entering a marketing revolution – data really is the new oil, and Terminus is sitting on a gold mine. Under Matt’s leadership, Terminus CDP is poised to change the game for our customers. This level of data accuracy is critical for B2B GTM teams looking for a unified view into their customers. I’ve never been more excited about the future of marketing.”
Terminus CEO Tim Kopp
The Terminus CDP addresses the issues of bad data with auditing, cleansing, enrichment, and data management capabilities “backed by the industry’s largest global network of decision-makers and Buying Committees.” Furthermore, Terminus CDP “dramatically” improves data accuracy, campaign effectiveness, and “wasted sales cycles.”
“We are in the golden age of marketing. The breadth of technologies helping us create great experiences has never been so impressive. But, what are all those customer experiences predicated on? Data,” blogged Kopp. “With Terminus CDP, our customers will have their most important account and contact data continuously cleansed and enriched. The result: our customers will be able to put their trust in their data, unleashing their go-to-market teams to accurately engage buying committees every time.”
Continued Kopp, “We’re entering a marketing revolution. A time when sales and marketing teams don’t have to worry about data and can dedicate their energy to create phenomenal experiences that turn into pipeline. I have never been more excited about the future of marketing.”
“Since our early days as an MIT spinout, Zylotech has been focused on delivering the data and intelligence go-to-market teams can trust and take action on,” said Yadav. “Upon meeting Terminus, it was obvious that we shared a common vision. We are proud to join Terminus and this incredible team to jointly improve the accuracy of B2B data.”
Terms of the deal were not disclosed, but Kopp described it as a “big deal” that is a “really, really important acquisition.” The Indianapolis Business Journal said that Zylotech was its largest deal to date. The transaction was financed with funds from a $90 February venture round.
Enterprise clients include Google, Palo Alto Networks, Cisco, Dell, and Rimini Street.
UK Sales Intelligence vendor Cognism was named to Tech Nation’s Future Fifty 2021 list. CEO James Isilay called the past year “a year of incredible transformation” for Cognism as it grew revenue by 90% and closed in on $20 million ARR. 2021 is the second consecutive year that Cognism made the exclusive Future Fifty list.
Cognism was also named one of the top 15 UK Startups by LinkedIn. The firm continued hiring through the pandemic, with LinkedIn listing 277 employees in the UK, US, and Europe. Cognism has been rapidly building out its sales team, growing it 165% over the past year to 90 headcount. Its support team grew 58% over the past year to 40 CSMs. Cognism also doubled its product management and IT teams.
Cognism plans to retain a flexible working environment and recruit talent outside of its primary office locations. LinkedIn lists 23 positions in London, Boston, New York, Germany, Croatia, and South Africa.
On Monday, Cognism announced Diamond Data, “a new standard in B2B data quality.” It emphasized that its contacts are accurate, compliant, and phone-verified. Mobile numbers are phone-verified and checked against global do not call (DNC) lists. Cognism contacts are GDPR and CCPA compliant.
Cognism promises to “minimise inefficiencies due to inaccurate job titles and incorrect / misdialed numbers and create a leaner, faster sales process.” Cognism offers revenue teams “unrestricted access to prospect data” available through its platform and via CRM and SEP connectors.
A new Diamonds-on-Demand request feature supports on-demand phone verification. Users simply click on a Diamond Verify button to initiation validation. A diamond appears on headshots of verified contacts.
“As a company we are constantly researching and identifying new opportunities and partnerships to ensure our platform delivers the best possible results for the highly competitive B2B market landscape. Diamond Data is just that – the best you can get. It is always evolving, and we want to assure our clients that they can target their prospects in confidence, leaving the compliance and data accuracy to us.”
Cognism CEO James Isilay
Diamond Data is immediately available.
Cognism is also delivering Bombora’sintent dataset for identifying in-market buyers and related contact information. Intent data is available as a screening select and displayed as a build-a-list Heat Map.
Finally, Cognism announced that industry veteran Phil Garlick joined their board. Garlick served as the VP of Corporate Development at DiscoverOrg and President of OneSource Information Services.
“It’s a feeling of expansion, born of learning so much from our customers, and born of the digital transformation that has happened in the last year,” said Demandbase CEO Gabe Rogol. “This is an intentional step for us beyond being solely an ABM leader and into broader B2B go-to-market. That’s important because ABM is just a part of the go-to-market challenges that B2B companies face.”
The new services are packaged as an ABM Suite consisting of four clouds: ABX, Advertising, Sales Intelligence, and Data. Customers will have the flexibility to order various elements of the suite, selecting the clouds and services that fit their needs.
“Our focus has been on building the most complete ABM solution (we call it ABX, because it’s not just marketing),” said Rogol, “and that was the impetus behind acquiring Engagio, putting a lot of the top of funnel and lower funnel stuff together. That will still be important.”
While some may view this as Demandbase growing beyond ABX, it is an opportunity for them to complete the ABX vision. I have long been critical of Demandbase’s limited framing of ABM within the marketing department. While they acquired Spiderbook, a small sales intelligence vendor, a few years ago, it withered on the vine and is no longer mentioned by the firm. InsideView provides them with an opportunity to realize ABX as a complete customer lifecycle solution. There are still missing elements such as sales engagement tools and chatbots, but they are now working on a much wider canvas.
Demandbase is in a sprint to establish the ABX platform space against vendors such as Terminus, 6Sense, and Dun & Bradstreet. It has been using the ABM three-letter acronym for a dozen years and was a lonely voice extolling ABM for half of that time, arguing for a shift from demand generation marketing to account-based strategies. Earlier this year, it shifted from ABM to ABX (Account Based Experience), which places a greater emphasis on long-term relationships with customers and the broader revenue team (sales, marketing, customer success).
“We’re proud to join forces with these two great companies. 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 definitive leader in B2B go-to-market…
These new offerings let us work even more flexibly with our customers. 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.”
Demandbase CEO Gabe Rogol
Acquiring InsideView and DemandMatrix strengthens its position in both marketing and sales. Furthermore, InsideView’s sales triggers provide Demandbase customers with a rich set of talking points for account managers and customer success teams, letting them know if there are executive changes, M&A events, new partnerships, etc.
Demandbase, which offers an ABX Cloud and an Advertising Cloud, now supports a Data Cloud and Sales Intelligence Cloud. The Sales Intelligence Cloud is based upon InsideView and supports:
Prospect Finder – A traditional list-building feature for company and contact data. Along with firmographic and biographic data, the InsideView prospect finder includes connection variables (Who Know Who “six degrees”), sales triggers (17 + custom variables), data availability (e.g., LinkedIn Connections, Email), and suppression lists.
Browser Extension – A Chrome extension for quick lookup and prospecting. The extension displays InsideView company and contact profiles from LinkedIn, company websites, and CRMs. Records may be sent to the CRM or Sales Engagement Platforms.
News and Social Insights – InsideView publishes daily email alerts based upon their sales triggers. As these are event-based, most company noise (e.g., stock price fluctuations, scores for teams playing at branded stadia) is removed and duplicates suppressed. They also support inline social media viewing for Facebook, Twitter, and Company Blogs. Inline viewing helps account managers and customer success teams stay abreast of key accounts. It also assists marketing and CI professionals in monitoring key partners and competitors.
Corporate Hierarchies – Family trees assist with lead-to-account mapping, selling deeper into an organization, and ensuring that leads are accurately scored and routed.
The Data Cloud consists of Demandbase, InsideView, and DemandMatrix assets. InsideView contributes close to 100 million global contacts and 17 million companies. DemandMatrix supports technographics (current tech stack, future technology needs, technology-based skill set trends, cloud consumption revenue, and IT Spend).
Other Data Cloud services include Demandbase Account Identification, InsideView Apex (ICP Discovery and Expansion), InsideView Data Integrity hygiene tools, and the InsideView API.
“For the last 15 years, we’ve been focused on empowering our customers to experience rapid revenue growth through the power of data. 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.”
InsideView CEO Umberto Milletti
InsideView was highly rated in The Forrester Wave B2B Marketing Data Providers Q2 2021 report, scoring a five (highest score) across 14 of Forrester’s 24 evaluation criteria. Among the categories in which they excelled were data management, data coverage, and customer support.
Rogol emphasized the value of technographics for enterprise technology companies, saying that “for technology companies, the number one feature in a data science model is what technologies your prospect owns.”
“B2B data is complex, and customers consistently ask us for help with their data stack,” said DemandMatrix CEO Meetul Shah. “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.”
Both Milletti and Shah will continue running their respective businesses and join the Demandbase executive team as general managers. The two subsidiaries will operate separately, but the firm will consolidate the data across the offerings.
Acquisition prices for the two firms were not disclosed. The InsideView service lists its revenue at $30.5 million and 275 employees, which has remained stable over the past few years. DemandMatrix is listed at $3.0 million in revenue with 90 employees.
“At 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,” said Demandbase. “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 goes from being ‘just’ a leader in account-based programs to being the definitive leader in B2B go-to-market.”
InsideView and DemandMatrix customers benefit from the more extensive go-to-market capabilities of their parent. The DemandMatrix suite helps customers:
Design and orchestrate their entire buyer’s journey across marketing and sales
Personalize their website experience, track account-level engagement, and attribute revenue
Deliver account-based display, native, and social media advertising that is brand safe for B2B
Target and segment their market
Rogol admitted that the integration work would not be easy. “Obviously, we still have a lot of the execution work ahead. One thing to point out is that these are different types of acquisitions than Engagio. With Engagio, the goal was to get to the most comprehensive ABM platform. These are adjacent expansions, so they’re going to operate as standalone businesses pretty much.”
Barb Mosher Zinck of Diginomica was bullish on the transactions, calling it a “smart move” to consolidate the data from three companies under a single platform. “It’s essentially a Customer Data Platform (CDP) without the CDP name (and some CDP capabilities), providing all the critical information sales and marketing need to find the right accounts and contacts within those accounts. The intelligence DemandMatrix brings on technology is key, as is the ability from InsideView to see when things are changing in a company.”
“I also like that Demandbase has broadened its offering from only account-based marketing to sales intelligence because the two groups are tightly aligned,” continued Mosher Zinck. “These two solutions can operate separately but bringing them together under the same umbrella with access to the same data is key to ensuring a company-wide focus on customer experience.”
The following Market Flash published on May 4th to my newsletter subscribers. I also offer a detailed InsideView product review for purchase ($349).
Over the past few years, ZoomInfo has been rapidly building its go-to-market intelligence through acquisitions and capital investment. Initially, ZoomInfo (then called DiscoverOrg) rolled up competitors iProfile and RainKing, but in February 2019, they acquired ZoomInfo, a leading global contact information source. The firm also managed two tuck-ins last year: NeverBounce email validation and Komiko Inbox AI.
After going public in June, ZoomInfo acquired intent data service Clickagy in October before acquiring Everstring.
ZoomInfo is exceptionally strong across many of the core B2B data categories, including
Global contacts (e.g. emails, direct dials, phone numbers, bios, social links, job function, and job level)
However, ZoomInfo has lagged behind other vendors in firmographics and linkage. The Everstring acquisition plugs this gap across core firmographics, SMBs, and company linkages, putting the firm in a stronger sales intelligence, digital marketing, and B2B DaaS position. The expanded company universe will significantly improve ZoomInfo’s match rates for batch, real-time, and continuous data enrichment.
In a multinational telecom provider test, the match rate doubled to 98% due to three factors: M/L-powered matching, historical matching against outdated records, and record completeness.
“EverString’s machine learning powered entity resolution (aka matching) algorithms are designed to accept and process multiple identifying inputs from a customer’s file, such as phone number and address, alongside the company name and website, improving the likelihood of returning a matching record.”
ZoomInfo CEO Henry Schuck
Maintaining a historical file of inactive and out of date records provides significant value when batch processing enterprise records sitting in CRMs and MAPs. Much of this legacy data is bad, but without a reference file with historical data (e.g. inactive and closed companies, former addresses, FKAs), operations teams don’t know which records are defunct businesses.
Everstring has nearly 100% fill rates on core firmographic fields such as employee count, revenue, and industry codes. The expanded firmographics improve field fill rates, lead scoring, lead routing, and analytics (e.g. ICP, TAM, segmentation).
Nevertheless, ZoomInfo has a few remaining gaps around public company financials and filings (e.g. SEC, Companies House, UCC) that would hold them back at financial services companies and European firms. Everstring does ingest filing data (e.g. Secretary of State incorporations, UCC liens, 5500 ERISA filings with the Department of Labor, federal contract bids, OSHA, fleet data, UK Companies House) when building its business graph, but source data viewing is often required.
Dun & Bradstreet launched D&B Connect, a self-service data management platform that “intuitively connects, manages and visualizes critical data across an organization using the Dun & Bradstreet Data Cloud.” D&B Connect helps users benchmark, access, clean, enrich, and monitor their customer and contact data.
D&B Connect provides an “easy-to-use portal for managing sales and marketing data.” The service enriches and unifies data for a “complete view of the customer.” Along with Dun & Bradstreet firmographics, linkages, and contacts, D&B Connect enriches customer files with over 2,500 insights and supports custom data layouts.
D&B Connect builds on Dun & Bradstreet’s data management solutions for sales and marketing platforms and leverages Dun & Bradstreet’s global WorldBase file, D-U-N-S Numbers, and DUNSMatch capabilities. These assets support identity resolution, including corporate linkages, to tie together account hierarchies, providing a unified customer view that spans regions, product lines, multiple company names, and enterprise software platforms.
D&B Connect acts as a centralized hub to manage and report on data quality in enterprise platforms, including CRMs, MAPs, ERPs, data lakes, and CDPs. A machine learning engine normalizes input records, removing manual file preparation steps.
Users can set match quality rules and thresholds based on D&B Confidence Code, Match Grade String, and the number of match candidates to be returned.
Other features include embedded intelligence, “simplified workflows,” and “team-based controls and dashboards to improve collaboration across departments.”
D&B Connect can process millions of records “in a SOC 2 certified, CCPA, and GDPR-ready environment.”
“With D&B Connect, we put the power to manage data quality in the user’s hands, enabling our clients to reduce time spent on data management from weeks to hours,” said Michael Bird, President of Sales and Marketing Solutions at Dun & Bradstreet. “We will continue to innovate across our sales and marketing portfolio to reduce MarTech complexity by integrating directly into the workflows of our clients so they can focus on growing their businesses.”
D&B Connect is supported by a team of 28 data advisors, each with at least ten years of experience.
In 2021, D&B Connect will be extended into finance and risk use cases.
Email deliverability vendor Validity announced the global availability of Everest, a new platform for email optimization, analytics, and delivery. The platform combines the capabilities of 250ok, Return Path, and BriteVerify, businesses that they acquired over the past two years.
“Validity built Everest to give marketers everything they need to ensure email success,” promised the firm. “Everest is a complete email analytics platform powered by Validity’s exclusive data feeds, the largest data network in the industry, and widespread integration and support within the email ecosystem. It offers marketers a complete set of tools to prepare, test, optimize, and measure their email campaigns. With fully configurable dashboards, a highly intuitive user interface, and seamless integration with many of the leading email service providers, Everest makes it fast and easy to optimize campaigns.
Other features include performance tracking reports, customizable alerts, list hygiene, and campaign benchmarking versus competitors and global senders. Unique features include email certification for avoiding spam filters, View Time Optimization (VTO) for Verizon Media mailboxes, and enterprise-grade managed services.
Everest pre-send optimization features include form validation, bulk upload verification, and design and content tools. Emails are checked against over seventy device-mail clients. Email links and images are tested, and A/B testing is supported.
Competitive intelligence features include message samples, subject lines, sending volume, message patterns, and performance metrics. Everest also flags competitor list hygiene issues, authentication gaps, and blocklist history. “Beyond that, you’ll be able to compare brands side-by-side to identify low-hanging fruit and quick wins around sending volumes, accessibility, mobile compatibility, image animation, localization, and sending best practices.”
Verizon VTO delivers emails at the top of the inbox when the addressee is in her email client, quadrupling open rates and doubling click through rates for Yahoo, AOL, Verizon.net, and ATT.net mailboxes.
Everest “is, by a wide margin, the most comprehensive, insightful, value-add email platform ever offered in our industry,” said Validity CEO Mark Briggs. “Any business that relies on digital marketing should consider Everest as the key to delivering email success.”