Contactually, a Washington, D.C.-based user-focused relationship management platform, received a $3m credit facility.
Square 1 Bank, a division of Pacific Western Bank, provided the financing.
The proceeds from the facility will be used to support overall company growth.
Led by Zvi Band, chief executive officer, Contactually provides a SaaS-based platform for businesses to build and manage personal relationships. The solution aims to streamline the CRM process by connecting a user’s email, phone, social media accounts, calendars and other business tools in a central location from which communications can be sent, received, automated and tracked.
The solution also performs routine tasks such as scheduling follow-up reminders and sending standard communications.
Founded in 2011, the company currently employees 70 people. It is backed by Grotech Venture Partners, Rally Ventures, Bull City Ventures, Middleland Capital and 500 Startups.