Hello, tech enthusiasts! Today, we dive into a fascinating update about the sales automation sector that’s buzzing with excitement.

Clay, a startup that’s been making waves in sales tools powered by AI, just secured a hefty $100 million Series C funding. This round values the company at an impressive $3.1 billion.

Leading the investment was CapitalG, with existing backers like Sequoia Capital, First Round Capital, and Meritech Capital also participating. Plus, a new supporter, Sapphire Ventures, joined in. This recent infusion of funds brings Clay’s total to over $204 million, strengthening its toolkit that helps sales teams and marketers.

Clay has garnered high-profile clients including OpenAI, Canva, and Rippling. The CEO, Kareem Amin, shared that the firm is on track to reach $100 million in revenue this year, which is a threefold increase over last year’s numbers.

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