NetProspex raises $13M in funding

Date:
Tuesday April 08, 2014

Company Name:
NetProspex

Company Website:
http://www.netprospex.com

Categories:
Enterprise Software, Marketing & Advertising Solutions, SaaS

Deal:
Funding

Source:
http://bit.ly/1edP6Bk

NetProspex, the leading provider of cloud-based B2B marketing data management services, today announced it has received $13 million in Series C funding led by Spring Lake Equity Partners. The funding round brings the company’s total capital investment to date to $27 million and includes follow-on investment from Edison Ventures and other early investors. As the market for B2B data services builds momentum, NetProspex will utilize the funding for further product innovation and to expand sales and marketing to meet growing market demand.

NetProspex also announced today the company’s highest-ever quarterly results for top-line achievement and new customer signings for the quarter that closed March 31. This growing demand is being driven by the fact that, according to Sirius Decisions research, companies that regularly maintain their marketing database realize 66 percent higher conversions to revenue than those that do not. READ MORE