Gong.io Acquires ONDiGO to Extend its Conversation Intelligence Platform
Market Leader in Conversation Intelligence Space to Boost Product Offering by Incorporating ONDiGO’s AI-Powered Sales Intelligence Technology
Gong.io, the market leader in Conversation Intelligence for sales teams, has announced that it has acquired AI-Powered Sales Intelligence platform ONDiGO.
“Since its recent introduction, Gong’s current offering has been spreading like a cult, creating thousands of raving fans and fueling phenomenal growth,” said Amit Bendov, Co-Founder and CEO of Gong.io. “We are now starting the next phase of our strategic growth plan. We will create a new blockbuster with the amazing technology that the ONDiGO team has developed.”
ONDiGO automatically analyzes sales teams’ activities such as emails, meetings, and phone calls. It measures sales performance, alerting sales executives on when to take action that could save or advance a pending deal. ONDiGO gained users among sales teams from small companies to Fortune 500.
“We’ve been following Gong’s meteoric rise to the top of its space for a while now,” explained Yoni Dariel, ONDiGO CEO and Co-founder. “Joining forces is the best way to maximize our potential. We couldn’t be more thrilled to join the wonderful team at Gong and can hardly wait to ship the upcoming product release.”
ONDiGO’s team will join the Gong.io team following this transaction. ONDiGO’s current product will continue to be supported by ONDiGO, and its current customers will be offered an upgrade to Gong’s new product when it’s available.
Gong.io also announced that it has received an investment from Cisco Investments in an extension of its A1 funding round. Talking about the new round of funding, Bendov said, “We’re thrilled to have Cisco Investments join Gong as an investor,” explained Amit Bendov, Gong.io CEO. “Cisco Investments’ involvement will help fuel our continued growth and expedite our penetration into the collaboration and communication markets. We can’t wait to utilize immediate opportunities this investment creates and we’re confident even more exciting future opportunities lie ahead of us.”
Recommended Read: Interview with Amit Bendov, CEO and Co-Founder at Gong.io