ON24 a leading webinar marketing platform, announced that Goldman Sachs’ Private Capital Investing group has invested $25 million in the company. The funding comes on the heels of rapid growth for ON24 – the company experienced 70 percent year-over-year subscription revenue growth in 2015. ON24 will use this funding to accelerate both domestic and international expansion as well as enhance the capabilities of its marketing platform.
ON24 is the global leader in webinar-based marketing solutions that drive demand generation and customer engagement. Its patented cloud-based platform features an interactive and immersive user interface and industry-leading webinar analytics for events, campaigns and benchmarking.
Providing one-click access from any computer or mobile device, ON24’s award-winning solutions are integrated with leading CRM and marketing automation platforms, enabling marketers to optimize demand generation, enhance lead qualification and accelerate opportunities in their sales pipelines.
Additional applications for the ON24 product portfolio include virtual training, talent development and town hall meetings. More than 1,000 enterprises of all sizes rely on ON24, including IBM, CA Technologies, Merck, JPMorgan Chase, Deloitte, Credit Suisse, and SAP.