HubSpot, Inc. Secures $12,000,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26ea4276-6af0-493f-8405-578fd9eb0bf9&Preview=1
Date
5/16/2008
Company Name
HubSpot, Inc.
Mailing Address
One Broadway, 14th Floor Cambridge, MA 02142
Company Description
HubSpot is an Internet marketing software platform that enables your company to get more leads from your website by driving more prospects to your website and converting more of them into leads. HubSpot software tracks leads in detail, automatically producing useful lead profiles so you convert them to customers more effectively. HubSpot is web based, does not require any IT staff, and is designed to be used by a marketing person, not a techie.
Website
http://www.hubspot.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Series B
Proceeds Purposes
HubSpot will use the funding to aggressively hire sales and product staff to support its growing customer base and surplus lead flow.
M&A Terms
Venture Investor
Matrix Partners
Venture Investor
General Catalyst Partners
Venture Investor
General Catalyst Partners