CHICAGO, Nov. 18, 2021 /PRNewswire/ -- Logik.io, a next generation software company, focused on creating high performance headless configuration technology, announced today that it has raised $10M in seed funding led by High Alpha with participation from Salesforce Ventures and other private investors.
As businesses build on the success they see with Salesforce CPQ in streamlining their Quote to Cash process, they are looking for ways to open up eCommerce selling channels and share accurate information with their ERP and supply chain applications. Logik.io makes this possible by overlaying a configurator on top of Salesforce CPQ, available on the Salesforce AppExchange.
The Logik.io configuration solution extends Salesforce CPQ by providing complex logic, math calculations, dynamic bills of material, split second performance, and scale all while utilizing the Salesforce data model. Logik.io is also designed to work with existing eCommerce solutions to provide guided selling and configuration to B2B and B2C self-service selling.
Logik.io's funding marks a significant moment for the CPQ category, as the company's founding team carries over 100 years of combined experience in the industry, led by CEO Christopher Shutts and Executive Chairman Godard Abel. Previously the two co-founded BigMachines, a company that defined the CPQ space, and was acquired by Oracle in 2013. Godard also went on to build another CPQ pioneer, Steelbrick, which he successfully sold to Salesforce in...
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