RightRev Launches with $5 Million to Accelerate Product Development and Go-to-Market Executions

Published: Nov. 2, 2021 at 9:23 AM CDT|Updated: 12 hours ago

SANTA CLARA, Calif., Nov. 2, 2021 /PRNewswire/ — RightRev, a cloud-based finance and accounting solutions provider for Revenue Recognition Automation, today came out of the gate with $5 million co-led by Norwest Venture Partners and Salesforce Ventures with participation from IDEA Fund Partners, Two Sigma, GoBig.ai and Correlation Ventures.

The new funds will be used to accelerate product development and expand the company’s go-to-market channels across the U.S. and globally.

“Adding such high-caliber investors to our brain trust is a tremendous opportunity for RightRev,” said RightRev Founder and CEO Jagan Reddy. “This new infusion of capital will allow us to advance our product development and provide an exceptional user experience, with enhanced automation across even the most complex use cases for numerous business verticals. We are especially excited to offer Salesforce Revenue Cloud customers access

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