Main Street Hub, an Austin, Texas-based “do-it-for you” marketing platform for local businesses, closed a $14m Series B equity financing.
The round, which brought the total amount raised by the company to more than $20m of equity financing to date, was led by Bessemer Venture Partners (BVP) with participation from existing investors Harrison Metal Capital.
The company intends to use the funds to further develop the technology and content operations, and to expand its sales presence in Austin, San Francisco, New York and Los Angeles.
Founded in 2010 by co-CEOs Matt Stuart and Andrew Allison, Main Street Hub offers an integrated social, web, and email marketing solution for merchants to manage their social media presence on Facebook, Twitter, Yelp, Google+, Foursquare, and TripAdvisor, build a mobile-friendly landing page, and communicate with customers through email marketing that uses customized viral, social content.
Main Street Hub has close to 3,000 customers in all 50 states and a team of 175 employees across four offices.