Articles
Tag: venture funding
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SpringCM Raises $25M, Names a New CEO
Chicago-based SpringCM has another $25 million of venture capital and a new CEO, Dan Dal Degan. The company markets a document and sales contract management solution for Salesforce customers. Investors include Crestline Investors, a credit and structured capital focused institutional investment firm, and Foundation Capital.
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Fuze Raises More Than $100M for the 2nd Consecutive Year, Eyes IPO
Cambridge, Mass.-based Fuze closed on round of venture capital totaling more than $100 million for the second year in a row, setting the stage for an initial public offering as early as next year. Fuze is a provider of cloud-based Unified Communications-as-a-Service (UCaaS).
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SendGrid CEO Thinks Email Is Here to Stay and Has $33M to Prove It
Forget the notion email is dead. It's a ridiculous idea, according to SendGrid CEO Sameer Dholakia. "If you forget your password, you get an email to reset it. If you hit the 'buy' button on a website, the confirmation of the purchase arrives via email.
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Leanplum Gets $29M to Fuel Global Expansion
San Francisco-based Leanplum, a mobile marketing platform provider, closed $29 million in Series C funding today. It boosts total funding for the 4-year-old company to $46.3 million. Canaan Partners led the round with participation from existing investors Kleiner, Perkins, Caufield & Byers (KPCB) and Shasta Ventures.
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Yotpo Raises $22M for Its User-Generated Content Platform
The user-generated content marketing arena has more investors. Yotpo, a user-generated content marketing platform, today announced a $22 million round of financing led by Bessemer Venture Partners. This brings total funding to $50 million for the company, which has offices in Tel Aviv and New York City.
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These Agencies Excel in UX, New SDL Execs, More
Fifteen user experience agencies reign supreme, at least according to research from Washington, DC-based Clutch. By charting each firm's focus on user experience design against its ability to deliver “world-class results” for clients, Clutch identified the leaders as Slide UX, Brave UX, Every Interaction, QubStudio, Experience Dynamics,
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Austin-Based Social Marketing Platform Raises $50M
Austin-based Spredfast, a social marketing platform, is accelerating its growth with a $50 million round of equity funding from Riverwood Capital, a Silicon Valley private equity firm. Spredfast develops software to enable and manage social media marketing campaigns, and “social is absolutely gaining momentum across the industry,” Chief Product Officer Manish Mehta told CMSWire.
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Investors Bet $42M on Sprout Social
Investors gave social media management provider Sprout Social $42 million today, bringing the six-year-old company's total funding to date to $61 million.
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News You Can Use: Investors Get Personal with BloomReach
Investors are taking things personally. Venture capitalists invested $56 million in a Series D funding round into BloomReach, a Mountain, View, Calif.-based cloud personalization platform company. Bain Capital Ventures, Battery Ventures, Lightspeed Ventures, New Enterprise Associates and Salesforce Ventures participated in the funding round.
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Screen Scraping Becomes an Industry After $13M Buy-In
A major investment by prominent VCs in a Web-based “data extraction” firm shows there may truly be just one way to get at some of the world’s most critical data.
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Spectrum Equity Bets $49M on Email Marketer Litmus
Some say the days of "batch and blast" digital marketing tactics are done. Some sing the praises of inbound marketing. Others hail the power of personalization. No matter what you believe, email never leaves the equation — and investors still want in. Spectrum Equity gave Cambridge, Mass.
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In a Summer of MarTech Investment, Tenaya Bets Big on Kahuna
Is it beginner's luck or a sign of things to come? A venture capital firm made one of its biggest initial investments today — and the reward goes to a Palo Alto mobile marketing automation provider. Tenaya Capital of Woodside, Calif.
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