Insightly Raises $10 Million In Series B
Insightly is a CRM company that is integrated with Google Apps, Office 365, MailChimp, and several other productivity platforms. Insightly has raised $10 million in Series B funding led by Matt Holleran, the founder of Cloud Apps Management. Emergence Capital Partners, Sozo Ventures and TrueBridge Capital Partners also participated in this round of funding.
Insightly currently has over 184,000 customers in 100 countries. The company has around $13 million in total funding and they plan to use it for localizing their services, hiring new employees, and extending their marketing.
“Insightly has quickly become the global leader in the business freemium CRM market as small businesses flock to its simple-yet-powerful CRM solution, business freemium model, and growing ecosystem of application and reseller partners,” stated Holleran. “Insightly’s user base has almost tripled in the past year, and this funding will help the company accelerate its growth to meet rising demand from small businesses around the world.”