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Invoca, a Santa Barbara-based AI software platform that analyzes customer service calls for sales and marketing teams, is now a unicorn.
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Photo by freestocks on Unsplash

Performio, an Irvine-based provider of sales commission software, has raised $75 million in new funding.

The company announced Tuesday that growth equity firm JMI Equity led the funding, with JMI chairman Paul Barber and vice president Jack Duane also joining Performio’s board of directors. The new investment will go toward advancing the company’s technology and meeting the needs of its growing client base, it said.

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Photo by Sutton Capital Partners

Read Part One of our coverage here.

The Recurring Revenue Conference, hosted by Sutton Capital Partners, returns to Culver City on June 23 for the first time in two years with a new hybrid live and virtual model.

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