Insightly, a San Francisco, CA-based online customer relationship management application (CRM) for businesses, raised $25m in Series C financing.
The round was led by Scott Bommer, venture investor and founder of SAB Capital, with participation from existing investors Emergence Capital Partners, Cloud Apps Capital Partners and Sozo Ventures.
The company, which has raised more than $40m to date, intends to use the funds to continue to add integrations and capabilities, to further accelerate the growth into larger businesses and build out its direct sales team.
Led by CEO and founder Anthony Smith and newly added Vice President of Sales Mark Ripley, Insightly provides customer relationship management software to businesses of all sizes worldwide to manage customer interactions, leads, opportunities, proposals and projects over the web and on mobile devices. It is available on the web at Insightly.com, for iOS devices in iTunes, and for Android devices on Google Play.
The company has more than 1 million customers in more than 200 countries.
FinSMEs
19/04/2016