Clearspring Technologies Raises $20 Million Led By IVP

Clearspring Technologies is the parent company of AddThis, a widget that enables website visitors to share content. Clearspring has raised $20 million in a fourth round of funding, led by Institutional Venture Partners. Former AOL executive and director Ted Leonsis is the company’s chairman and Hooman Radfar is CEO. AddThis is installed on over 9 million websites and is used over 1 billion times per month. [MarketWire]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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