Friday, November 7, 2014

Highspot Gets $9.6M

Seattle-based Highspot, a developer of a cloud-based, sales software product, said Friday morning that it has raised $9.6M in a Series A financing round. The funding was led by Madrona Venture Group. Tim Porter of Madrona joins the company's board with the funding. Highspot is headed by CEO Robert Wahbe, and was founded by a group of former senior executives from Microsoft. The company said that Wahbe was Corporate VP for Microsoft's Server and Tools Division; VP Product Oliver Sharp was General Manager of Strategy for the Server and Tools Division; VP Engineering Scot Gellock was General Manager of Engineering for Identity and Networking Services of the Windows Azure platform; and Chief Architect David Wortendyke was a Partner Architect for Windows Azure.