Govini Secures $20M to Power its Big Data Approach to Government Contracting
Govini, a leading business intelligence provider to companies that sell goods and services to the public sector, is poised for significant expansion into the federal contractor market thanks to $20 million in Series C funding. Govini’s database of record, combined with big data tools and proprietary analytics, provide government contractors and their sales teams with unparalleled insights as they pursue wins in a highly competitive public sector market.
The funding comes from a number of first-time and existing investors, including Accel Partners, Salesforce Ventures, and Symphony Technology Group. Govini will use the funds to expand its sales and professional services teams in Washington, D.C., and further develop its platform.
“Govini continues to bring unprecedented value to the government market,” said Arthur Patterson, Founding Partner at Accel Partners. “This is a market that has become vastly more competitive in recent years, and Salesforce’s partnership with Govini reflects the significant edge savvy companies can achieve by capitalizing on innovations in big data and analytics.”
“We have a strong track record of investing in compelling data and analytics companies, and we believe Govini’s data set and analytic technology is unparalleled in the large and unique public sector marketplace,” said William Chisholm, Managing Director at Symphony Technology Group.
“This funding allows us to continue to expand our operations and development on both coasts. Govini is quickly becoming the must-have resource for all contractors and sales teams that are serious about growth in the government market. By using our tools the entire government contracting apparatus can become more efficient and transparent – bringing benefits to all parties,” said Eric Gillespie, Founder and CEO of Govini. “We look forward to continuing to grow our relationships with both our new and our long-standing funding partners.”
Govini recently published its 2015 Federal Scorecard, an annual ranking of vendor and agency performance in the federal market. Contractors, media, and analysts rely on the Scorecard to gain insights into trends that drove major contracts and procurement in the prior year, and to plan for the years ahead.
Click here to request a demonstration of the Govini platform and learn more about business opportunities from the federal government.
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