The one-year-old company will use the funds to accelerate product development and hire talent for its core team across product, engineering, and go-to-market functions, it said in a statement. This leads to problems like poor visibility into the revenue data, accountability gaps across revenue function, inconsistent playbook adoption and lack of collaboration within revenue teams, making it harder to create a repeatable sales process and a predictable revenue engine,” said Vijayvergiya, cofounder and CEO, Nektar.ai.