Demandbase Garners $10,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ba9de74-7b97-4dec-b4a2-02e2ab7e3f5e&Preview=1
Date
5/12/2011
Company Name
Demandbase
Mailing Address
244 Jackson 3rd Floor San Francisco, CA 94111
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
$10,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The funds will support the rapid adoption of the technology by large enterprises and partners, and further expansion of the data network globally.
M&A Terms
Venture Investor
Sutter Hill Ventures
Venture Investor
Sigma Partners
Venture Investor
Altos Ventures