Conga announces strong growth following acquisitions, $47M in new funds, promotions

Friday May 25, 2018 0 comments Tags: Broomfield, Conga, Matthew J. Schiltz

BROOMFIELD -- Conga, a global leader in Intelligent Document Automation, announced a strong start to 2018 growth fueled by the acquisitions of Octiv, Orchestrate and Counselytics and $47 million in new funding led by Insight Venture Partners and Salesforce Ventures.conga-logo

Conga said the funding will “supercharge” the development of its comprehensive suite of Intelligent Document Automation products.

The scope of the Conga Suite has grown significantly this year as the company continues to provide additional new productivity features for its customers. The funding will also help Conga fuel continued growth both domestically and internationally as demand for its productivity solutions continues to climb in the EMEA and APAC regions.

On April 3, Conga announced the launch of its newest product, Conga AI. The development of Conga AI will be accelerated through the recent acquisition of Counselytics, a leading provider of contract discovery, analytics, and artificial intelligence solutions.

Counselytics’ New York City office will become an additional location for Conga to scale commercial operations.

As one of the early ISV partners developing solutions for the Salesforce AppExchange, Conga said it offers an expanding software suite that addresses the needs of the entire electronic document lifecycle.

The Conga Suite automates tasks centered around data management, document generation and contract management, streamlining and digitizing the document automation experience for Salesforce customers.

The company said it continues to enhance the Conga Suite based on direct customer feedback.

“Our steadfast dedication to our customers’ needs for better Intelligent Document Automation has been on full display this year as we’ve aggressively grown the breadth and depth of the Conga Suite through product development and acquisitions,” said Matthew J. Schiltz, Conga CEO.

Following a string of recent strategic new hires that included Will Spendlove, VP of product marketing and Mary Sparks, VP of privacy and compliance, Conga announced several executive promotions.

Effective immediately, Doug Rybacki is being promoted to chief product officer, Allan Peters is now chief revenue officer, Mark Bales is now chief accounting officer, and Mark Fowler is now general counsel.

Conga said its headcount grew by 64 percent in 2017, even as one in five of the company’s employees received a promotion.

“It has been a great pleasure to work closely with our expanding senior leadership team, and we are excited to use this latest round of investments to drive continued growth globally,” said Schiltz.

Following a successful Conga Connect, held April 3-4 in Chicago, the company has announced plans for its first-ever event in ASEAN. Conga Connect Sydney will be held July 5 at the Hyatt Regency Sydney.

For more details, visit https://getconga.com/conga-connect/sydney.

Conga is a Salesforce Premier Partner and has more than 700,000 users in over 85 countries across all industries and sectors.