With A $50 Million Raise, Gainsight Emerges As The Lead Startup In ‘Customer Success’

In the growing market of ”customer success,” Nick Mehta believes he’s finally breaking through the noise–and has a lot more money now to go prove it.

Mehta’s startup Gainsight has raised a new $50 million Series D funding round led by Insight Venture Partners, with investors valuing it at about $400 million, according to Forbes estimates, roughly double its valuation at its Series C in 2014. And with a round larger than the total amounts raised by three of its closest competitors combined, Mehta’s set to grow the gap on them in leading his new category.