Automation services provider ActiveCampaign raises $240 mln at $3 bln valuation Reuters 2 hrs ago
By Akanksha Rana and Sohini Podder
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April 21 (Reuters) - ActiveCampaign, a cloud software platform that provides automation tools, said on Wednesday it had raised $240 million in fresh funding, valuing the company at more than $3 billion.
The company said the Series C funding round was led by investment firm Tiger Global with new investment from Dragoneer, while existing investors including Susquehanna Growth Equity and Silversmith Capital Partners also participated.
The latest round brings the total funds raised so far to $360 million, the company said, adding that it plans to use the proceeds to invest in product development and global expansion.
(photo courtesy of ActiveCampaign)
Posted:
Apr 21, 2021 / 10:48 AM EST
INDIANAPOLIS (Inside INdiana Business) A Chicago-based tech company with a presence in central Indiana has closed on its second major round of funding in less than a year and a half. ActiveCampaign, which has developed a customer experience automation platform, says it will use its $240 million Series C round to further product development and open a new office in Indianapolis, while doubling its local workforce over the next 18 months.
The funding round was led by New York-based Tiger Global, with participation from Dragoneer Investment Group in San Francisco, Pennsylvania-based Susquehanna Growth Equity, and Silversmith Capital Partners in Boston.
ActiveCampaign raises $240M at a $3B valuation as marketing and sales automation come into focus for SMBs
As businesses continue to adopt new digital tools to get their names out into the world, a startup that’s built a sales and marketing platform specifically for small and medium businesses is announcing a big round of funding. ActiveCampaign, which has built what it describes as a “customer experience automation” platform providing a way not just to run digital campaigns but to follow up aspects of them automatically to make sales and marketing work more efficiently has closed a $240 million round of funding. The Series C values the Chicago startup at over $3 billion.
Tech Firm Closes on Another Major Funding Round insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.
PDFTron Acquires Document Automation Leader Windward Studios
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Definitive technology platform extended with dynamic document automation & generation for app developers, integrators and admins
VANCOUVER, BC, April 8, 2021 /PRNewswire/ - PDFTron Systems Inc., the world s leading provider of document technology solutions for software developers, today announced the acquisition of
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