SteelBrick Receives $6,500,000 New Financing

  • Feed Type
  • Date
    5/29/2014
  • Company Name
    SteelBrick
  • Mailing Address
    228 Hamilton Ave. 3rd Floor Palo Alto, CA 94301 USA
  • Company Description
    SteelBrick provides easy-to-use Configure-Price-Quote (CPQ) apps for high-growth salesforce.com customers. SteelBrick CPQ is 100% native on Salesforce, so users can create accurate and professional sales quotes quickly and error-free, without leaving the Sales Cloud.
  • Website
    http://www.steelbrick.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will move its Palo Alto headquarters to a larger space in San Mateo, Calif. The new funds will also help with a marketing push, as the company, which has about 130 companies as clients, is aiming to add 100 more by year’s end.
  • M&A Terms
  • Venture Investor