Vlocity raises $60 mln from Sutter Hill, Salesforce Ventures, Bessemer, others

Vlocity said it raised $60 million of Series C capital in a round led by Sutter Hill Ventures and Salesforce Ventures, and joined by new investor Bessemer Venture Partners and existing investors Accenture and New York Life. The new round puts the company’s valuation above $1 billion.

Vlocity has now raised $163 million. The company’s software is used to build industry-specific apps on Salesforce.com.