Catalant Secures Additional $41M in Series D Funding

Co-CEOs and co-founders of Catalant Technologies, Rob Biederman and Patrick Petitti (PRNewsfoto/Catalant Technologies)

Catalant Technologies, a Boston, MA-based technology platform for business expertise, secured an additional $41M of financing with its Series D funding round and an expansion of its existing debt facility.

The round was co-led by Highland Capital Partners and General Catalyst, with participation from Greylock Partners, GE Ventures, Mark Cuban, Intuit founder Scott Cook, former Bain Capital Managing Director Mark Nunnelly, the Kraft family, and Bob Doris of Accanto Partners.
Square 1 Bank continues to serve as the company’s debt financing partner.

The company, which has raised more than $73M in total financing, intends to use the funds to further develop its software products and matching capabilities, as well as to educate corporate decision makers on how to incorporate dynamic talent into their strategic plans.

Led by co-CEOs and co-founders Rob Biederman and Patrick Petitti, Catalant Technologies connects companies to talent and knowledge in real time. The company has built a global network of more than 40,000 experienced and independent consultants and boutique firms available to work with clients on a variety of business needs including research, strategy, marketing, finance, sales, operations and product initiatives.
These experts combine with clients’ internal talent to form dynamic talent pools accessed via a suite of software products.
Catalant serves thousands of global clients, including nearly one quarter of the Fortune 100.

FinSMEs

27/06/2017

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