HubSpot is a marketing software company based in Cambridge, Massachusetts that has raised $35 million in a mezzanine financing round from Altimeter Capital, Cross Creek Capital, and other previous investors. HubSpot started in 2006 and they have raised $100 million in investment from General Catalyst, Matrix Partners, Scale Venture Partners, Sequoia Capital, Google Ventures, Salesforce.com, and Charles River Ventures.
Box.net has raised a new round of $50 million in funding. Investors in this round include Salesforce.com, Andreessen Horowitz, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, Scale Venture Partners, and U.S. Venture Partners. Box.net has now raised a total of $128 million. Box.net has 7 million users and 300 million documents are stored on their service. Box.net was founded in 2005 by Aaron Levie and Dylan Smith in 2005. About 77% of the Fortune 500 uses Box.net’s cloud storage solutions service. [TechCrunch]
ExactTarget has raised $30 million in a new round of funding to fund acquisitions and to expand operations. ExactTarget is an e-mail marketing company that acquired CoTweet in 2009. ExactTarget raised $70 million in May 2009. ExactTarget’s revenues increased 41% to $134 million in 2010. ExactTarget was initially planning on going IPO in late 2007, but decided to raise funding instead. The latest round of funding was led by Technology Crossover Ventures. Battery Ventures, Scale Venture Partners, and Greenspring Associates also participated in this round. [paidContent]
Brian Halligan and Dharmesh Shah founded HubSpot Inc. in 2006 and they have recently raised $32 million in Series D. The funding was provided by new investors Google Ventures, Sequoia Capital, and Salesforce.com. Existing investors General Catalyst, Matrix Partners, and Scale Venture Partners also participated in this round. HubSpot has raised a total of $65 million thus far.
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Vitrue is a social media management company that has raised $17 million in Series C funding. Scale Venture Partners and Advent Venture Partners led this round of funding. Existing investors General Catalyst Ventures, Comcast Interactive, and Dance Ventures also participated. Some of Vitrue’s customers include Ford, Intel, MTV, Best Buy, and McDonald’s. Vitrue will be using the funding for expansion. [Mashable]
HubSpot is a digital marketing company that is close to receiving a new round of venture capital that would give them a $200 million valuation. Google Ventures and Sequoia Capital are rumored to be participating in the next round of funding. HubSpot’s last round of funding was $16 million and it was led by Scale Venture Partners. Thus far the company has raised $33.5 million.
Cloud content management platform company Box.net has raised $15 million in Series C. The funding was led by Scale Venture Partners. Other investors included DFJ and U.S. Venture Partners. The company has raised a total of $29.5 million thus far.
Box.net has a free iPad app that helps promote the premium products. Box.net currently has 4 million customers including the Oprah Winfrey Network, Nokia, and Volvo. During the first quarter, revenue was up 300%. [GigaOM]
Reply.com is a local cost-per-click company. The company is preparing for a $60 million IPO according to a document filed with the SEC as of this morning. Reply.com’s revenues for 2009 was $32.6 million. The company operates with 50% gross margins. The company was profitable in 2009 for the first time. Reply.com raised a total of $27.5 million from venture capitalists. Investors include Scale Venture Partners, Outlook Ventures, ATEL Ventures, and Debi Coleman (former Apple CFO). [TechCrunch]
