Demandbase Secures $8,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d5b5fbc-31d5-499d-a04d-d389673873fb&Preview=1
Date
8/25/2008
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
$8,000,000
Transaction Round
Series B
Proceeds Purposes
The funding will be used to advance development to the Company’s technology platform, Demandbase Central?, and enable the rapid adoption of its first two on demand services, Demandbase Stream and Demandbase Direct.
M&A Terms
Venture Investor
Adobe Ventures
Venture Investor
Altos Ventures
Venture Investor
Sigma Partners