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Gong achieves over 300 million in annual revenue eyeing potential IPO

Gong, a revenue prediction startup, has surpassed $300 million in annualized recurring revenue, positioning itself for a potential IPO. The company, which leverages AI to analyze customer interactions, was last valued at $7.25 billion in 2021 and serves notable clients like Google and LinkedIn. CEO Amit Bendov indicated that while an IPO is a significant milestone, the focus remains on product development, with Gong nearly profitable and well-funded from its previous investment round.
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