Marlborough tech company closes $8M funding round
Photo | Google Maps
2 Mount Royal Ave., Marlborough, site of Raven360's headquarters
Raven360, a Marlborough software company that develops training programs for clients’ customers and potential customers, said it has closed an $8-million Series B funding round.
The company will use the funding to expand its sales and marketing resources, as well as improve the platform’s user experience and user interface and integrate artificial intelligence capabilities.
New investors, Technology Venture Partners of Minneapolis and Allos Ventures of Cincinnati, Ohio joined previous investors London-based Nauta Capital and Marblehead-based NXT Ventures in the funding round.
"Raven360 has identified a critical feature set that is lacking in the modern CMO’s toolkit for creating qualified, top-of-funnel opportunities. This platform helps marketing teams to build a long-term, company-curated lead-generation asset, and to reduce reliance on increasingly expensive and ineffective external lead-generation,” said Allos Ventures’ Managing Director John McIlwraith.
WBJ Web Partners
Most Recent
Most Recent
0 Comments