Propel lands $20m led by Salesforce Ventures

The company has now raised $48 million in funding to date.

Santa Clara, California-based Propel, which helps manufacturers get products to market, has raised $20 million in a Series C round of financing. Salesforce Ventures led the round, which included participation from existing investors Norwest Venture Partners, Cloud Apps Capital Partners, Green D Ventures and TIFF.

The existing investors were also joined by new investor Ankona Capital.

The company has now raised $48 million in funding to date.

Source: Propel company press release