Demandbase Obtains $30,000,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a23f619c-131b-4939-b676-d5d3d1d2a2c7 - Date
7/15/2015 - Company Name
Demandbase - Mailing Address
680 Folsom San Francisco, CA 94107 USA - Company Description
Marketers use Demandbase’s online service to improve campaign response rates and lower costs through better targeting, while sales professionals leverage the simplicity of the service to identify new prospects in a matter of minutes. - Website
http://www.demandbase.com - Transaction Type
Venture Equity - Transaction Amount
$30,000,000 - [An earlier version of this report mistakenly gave the amount as $50 million. We regret the error.]
- Transaction Round
Undisclosed - Proceeds Purposes
Demandbase will use the additional funds to accelerate growth in the U.S. and abroad in this rapidly growing category. Demandbase also plans to explore acquisition opportunities to bolster its proprietary B2B data assets and real-time identification technology. - M&A Terms
- Venture Investor
Sageview Capital - Venture Investor
Adobe Ventures - Venture Investor
Altos Ventures - Venture Investor
Costanoa Venture Capital - Venture Investor
Greenspring Global Partners - Venture Investor
Salesforce Ventures - Venture Investor
Scale Venture Partners - Venture Investor
Sigma West
