Mubadala Backs Software Startup People.ai in New Funding Round

Sales software startup People.ai has reached a $1.1 billion valuation with a $100 million funding round backed by new investors Mubadala Investment Co. and Akkadian Ventures.

People.ai founder and Chief Executive Officer Oleg Rogynskyy said in an interview that the company’s software is used by companies including Zoom Technologies Inc. to track best practices for sales people.

“We give customers the ability to have data on what their team is doing right now and what makes the best employees so good,” Rogynskyy said.

People.ai’s software can record and analyze employees’ calendars and phone calls, helping companies determine, for example, ...