Chrome River is a company that has developed expense management and invoice processing software. Chrome River has raised $17 million in Series C funding led by Bain Capital Ventures with participation from existing investors First Analysis and Argentum.
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Bain Capital Ventures Posts
Bain Capital is going to acquire Macromill. Macromill is an Internet research company in Japan. The company is listed on Section I of the Tokyo Stock Exchange. Ropes & Gray and Japanese counsel Mori Hamada is representing Bain Capital in a 51.4 billion yen ($501 million) leveraged tender offer deal for all of the outstanding shares of Macromill.
[Source: PE Hub]
TapCommerce is a startup that sells app engagement ads. The company has raised $10.5 million in Series A funding led by Bain Capital Ventures and RRE Ventures. Previous investors Metamorphic Ventures, Eniac Ventures, and Nextview Ventures also participated in this round. Some of TapCommerce’s customers includes Fab, eBay, and Jackthreads. App engagement ads encourages mobile users to open apps that they already have on their devices again-and-again.
Gainsight has raised $20 million in a Series B round of funding led by Bain Capital Ventures. Existing investor Battery Ventures and new investor Summit Partners also participated in this round. Gainsight is a customer success enterprise company that enables customer-driven companies proactively manage retention and reduce unexpected churn. The Gainsight platform uses big data analytics to evaluate sales data, usage logs, support tickets, and other customer intelligence to offer users with actionable insights and recommended best practices. Gainsight’s software can be integrated with leading CRM systems including Salesforce.com, Oracle Sales Cloud, Netsuite, Microsoft Dynamics CRM, SalesLogix, and Siebel.
Wrike is a startup that was founded in 2006 that has raised $10 million in funding. Around 4,000 organizations are paying Wrike to use their project management software at a rate of $4 per employee per month. Bain Capital Ventures has invested $10 million into the company. Last year, TMT Investments put $1 million into the company.
HookLogic is a company that helps brands gain top search placement on the largest e-commerce websites. The company has raised $14 million in Series B funding. This round of funding was led by Intel Capital with participation from Bain Capital Ventures and Michael Barrett.
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Optimizely is an A/B testing company that has raised $28 million in Series A funding led by Benchmark Capital. New investor Bain Capital Ventures participated in this round with existing investors Battery Ventures, InterWest Partners, and Google Ventures. Through the funding, Peter Fenton (Benchmark) has joined Optimizely’s board of directors.