Fundraising Fox

Lattice Engines

Acquired

San Mateo, US · Delaware corporation · 6 known investors

B2B predictive marketing and sales software company, acquired by Dun & Bradstreet in 2019.

Also known as Lattice · Lattice Engines, Inc.

Founders & leadership

SU
Shashi UpadhyayFounder
KM
Kent McCormickExecutive
HS
Howie ShohetExecutive
MA
Mickey ArabelovicNamed on SEC filing

Board

PS
Peter SonsiniBoard director
DL
Douglas LeoneBoard director
SM
Sharmila MulliganBoard director

Investors · 6

Also in the syndicate · 3

New Enterprise AssociatesPiper Jaffray Merchant BankingleadRiver Cities Capital Fundslead

Reported raises · per SEC filings

Form D private placements

$44.4M disclosed across 5 of 8 rounds · 2011–2017

$3MraisedDec 2017 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Sharmila MulliganDirector
  • Michael McCarrollExecutive Officer
  • Robert HeimannDirector
  • Peter SonsiniDirector
  • Kent McCormickExecutive Officer, Director
  • Douglas LeoneDirector
  • Shashi UpadhyayExecutive Officer, Director
  • Robert P. RinekDirector
Offering amount
$6M
Amount sold
$3M
First sale
Dec 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedJan 2017 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert P. RinekDirector
  • Michael McCarrollExecutive Officer
  • Kent McCormickExecutive Officer, Director
  • Douglas LeoneDirector
  • Shashi UpadhyayExecutive Officer, Director
  • Robert HeimannDirector
  • Peter SonsiniDirector
  • Sharmila MulliganDirector
Offering amount
$8M
Amount sold
$5M
First sale
Jan 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$28.3MraisedJun 2015 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Douglas LeoneDirector
  • Sharmila MulliganDirector
  • Shashi UpadhyayExecutive Officer, Director
  • Peter SonsiniDirector
  • Howie ShohetExecutive Officer
  • Kent McCormickExecutive Officer, Director
Offering amount
$30M
Amount sold
$28.3M
First sale
Jun 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3MraisedJun 2015 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Shashi UpadhyayExecutive Officer, Director
  • Sharmila MulliganDirector
  • Peter SonsiniDirector
  • Kent McCormickExecutive Officer, Director
  • Howie ShohetExecutive Officer
  • Douglas LeoneDirector
Offering amount
$3M
Amount sold
$3M
First sale
Apr 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedFeb 2014 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter SonsiniDirector
  • Mickey ArabelovicDirector
  • Sharmila MulliganDirector
  • Kent McCormickExecutive Officer, Director
  • Shashi UpadhyayExecutive Officer, Director
  • Howie ShohetExecutive Officer
Offering amount
$5M
Amount sold
$5M
First sale
Feb 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Lattice Engines, Inc. was a technology provider of predictive marketing and sales cloud applications for business-to-business companies. Its software combined internal customer systems data (CRM, marketing automation, transaction histories) with external sources such as social media, websites, press releases and filings, applying machine learning to predict who would buy, what they were likely to buy and when. Products included salesPRISM, Lattice Predictive Lead Scoring and "playmaker" applications, powered by what the company called the Lattice Data Cloud.

The company positioned itself in later years as an AI-powered customer data platform (CDP) supporting account-based marketing and sales programs across channels. Its platform ingested billions of buying and intent signals combined with company fit and behavioral data, and delivered real-time reporting, sales targeting, talking points and campaign "plays" to sales and marketing users. Reported customer outcomes included a 37% increase in win rates, a 20% increase in conversions, three times higher cross-sell and 20% reduced churn.

Founding story

Lattice Engines was founded in June 2006 in Boston by Shashi Upadhyay, Kent McCormick and Andrew Schwartz. Upadhyay, a physics PhD from Cornell and former McKinsey partner, said he conceived the company after finding that consulting clients often lacked either the data or the tools to analyze it. McCormick, who had done related physics work while earning his PhD at Berkeley, met Upadhyay at McKinsey; Schwartz was introduced through graduate school contacts as an engineer recommendation. As of 2013, Upadhyay was CEO, McCormick president and Schwartz chief architect.

Business model

Lattice sold SaaS predictive marketing and sales applications to enterprise B2B organizations, later marketed as an AI-powered customer data platform.

Subscription-based software-as-a-service applications for sales and marketing organizations; the business began as a consulting firm from 2006 to 2008 before shifting to product.

Traction

The company reported deployments at over 100 companies worldwide by 2015 and more than 65,000 active sales and marketing professionals using its product. It had approximately 150 employees as of 2013.

Latest developments

On June 13, 2019, Dun & Bradstreet announced a definitive agreement to acquire Lattice Engines, positioning Dun & Bradstreet as a provider of integrated data and analytics for sales and marketing professionals. Financial terms were not disclosed and the transaction was expected to close within 30 days. The deal followed a long-standing partnership between the two companies.

Full profile — market position, technology, go-to-market, geography, history

Market position

Described in its own and investors' announcements as the leading provider of predictive marketing and sales applications, with Sequoia partner Doug Leone stating in 2015 that it had more customers than all other companies in the market combined. Gartner named it a Cool Vendor in CRM and sales technology in April 2013.

Combination of PhD data scientists with sales and marketing practitioners, a proprietary data cloud aggregating billions of intent signals from more than 35 data partnerships, and a suite spanning both predictive sales and predictive marketing applications.

Technology

Predictive analytics and machine learning applied to combined internal data (CRM, marketing automation, transaction history) and external data (social media, websites, press releases, filings), delivered through cloud applications built on the Lattice Data Cloud. The company drew on more than 35 data partnerships with providers including Dun & Bradstreet, LexisNexis, Experian, Profound Networks and Bombora, and staffed teams combining PhD data scientists with sales and marketing practitioners.

Go-to-market

Direct enterprise sales supported by a partner ecosystem and data partnerships, with international coverage through partnerships in Europe and Asia Pacific; 2015 funding was earmarked for engineering, go-to-market and partner ecosystem investment.

Business-to-business sales and marketing organizations across industries including consumer products, technology, business services and banking. Named customers included Dell, Staples, SunTrust Bank, Microsoft, HP and VMware.

Geography

Headquartered in San Mateo, California, with offices in Austin, Boston, New York and Beijing, and partnerships covering Europe and Asia Pacific.

History

The company operated as a pure consulting business from 2006 to 2008 and was bootstrapped for its first five years, becoming a product company with the 2009 launch of salesPRISM. It raised its first institutional round from Sequoia Capital in 2011, followed by a second round from NEA and Sequoia. In 2013 it was named a Gartner "Cool Vendor" in CRM and sales technology and expanded its predictive application suite into marketing with Lattice Predictive Lead Scoring. A $28 million Series D closed in June 2015, bringing total investment to $75 million. In June 2019, Dun & Bradstreet entered into a definitive agreement to acquire the company, with the transaction expected to close within 30 days.

Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Active sales and marketing professionals using productJan 201965,000 users
Customer deploymentsJun 2015100 companies
Customer-reported increase in conversionsJun 201520%
Customer-reported increase in win ratesJun 201537%
Customer-reported reduction in churnJun 201520%
Data partnershipsJun 201535 partnerships
EmployeesAug 2013150 employees
Total investment raisedJun 2015$75M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Jun 2019
Dun & Bradstreet agrees to acquire Lattice Engines

Dun & Bradstreet entered into a definitive agreement to acquire Lattice Engines to become a leading customer data platform provider; financial details were not disclosed and closing was expected within 30 days.

source ↗

Jun 2015
Lattice Engines raises $28 million Series D

Closed a $28 million Series D led by River Cities Capital Funds and Piper Jaffray Merchant Banking, with Blue Cloud Ventures, Sequoia Capital and NEA participating, bringing total investment to $75 million. Sequoia's Doug Leone and River Cities' Robert Heimann joined the board.

$28M source ↗

Apr 2013
Named a Gartner "Cool Vendor"

Gartner named Lattice a Cool Vendor in its report on CRM and sales technology.

source ↗

Jan 2013
Expansion into marketing with Lattice Predictive Lead Scoring

Lattice extended its suite of predictive applications to marketing with Lattice Predictive Lead Scoring.

source ↗

Jan 2009
Launch of salesPRISM

The company transitioned from consulting to a product business with the launch of its salesPRISM predictive application.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Lattice Engines do?
B2B predictive marketing and sales software company, acquired by Dun & Bradstreet in 2019.
Who founded Lattice Engines?
Lattice Engines was founded by Shashi Upadhyay.
Who are Lattice Engines's investors?
Lattice Engines's investors include New Enterprise Associates (NEA), RC Capital, CEOs'.
How much funding has Lattice Engines raised?
Lattice Engines has disclosed $44.4M raised across 5 of its 8 known rounds.
Where is Lattice Engines headquartered?
Lattice Engines is headquartered in San Mateo, US.