Vista Equity Partners, a global investment firm focused on enterprise software, data and technology, has made a strategic growth investment in Salesloft, a provider of sales engagement platform. The investment gives Salesloft a multi-billion dollar valuation and will accelerate its strong performance and growth trajectory.

Salesloft launched its modern revenue workspace which leverages the firm’s existing products with new integrated workflows in order to provide sales representatives the tools they need for digital selling. The investment from Vista will serve to expand Salesloft into new geographic markets and provide product capabilities.

“From day one, Salesloft’s vision has been to help sellers more successfully engage with and serve their buyers,” said Kyle Porter, CEO and founder of Salesloft. “This investment is a huge milestone in Salesloft’s journey to becoming the most loved brand in sales technology. It gives us the resources we need to continue serving our amazing customers, while innovating solutions to solve the complex challenges faced by sellers.”

“Salesloft has built an incredible enterprise software platform that provides tangible ROI by empowering sales teams and managers to increase productivity and we are excited to bring our decades of enterprise software experience to help Salesloft further fuel its growth trajectory and global expansion,” added Monti Saroya, co-head of the flagship fund and senior managing director at Vista.

Qatalyst Partners served as financial advisor and DLA Piper acted as legal counsel to Salesloft. Kirkland & Ellis LLP served as legal counsel to Vista.