Wednesday, March 09, 2011

HubSpot raises $32MM from Sequoia and key strategics - Google,

Google, and Sequoia Capital join in a $32 million funding round for the marketing software maker HubSpot along with Scale, Matrix Partners and General Catalyst. Total funding raised is $56 million.

The company's marketing software helps businesses develop sales through channels such as Google, social media and blogs rather than cold calling, e-mail and direct mail.

HubSpot is an all-in-one marketing software platform for small and medium-sized businesses. 4,000+ companies use HubSpot to generate over 500,000 leads per month.

According to the company's site:

Company Snapshot

Brian Halligan
CEO & Founder
Brian Halligan is CEO & Co-Founder of HubSpot, a marketing software company he co-founded four years ago to help businesses transform the way they market their products by "getting found" on the internet. Since its founding, HubSpot has already accumulated over 4,000 customers. He is author of two books: Inbound Marketing: Get Found Using Google, Social Media, and Blogs, which is in its fourth printing and has been translated into 6 languages, and Marketing Lessons From the Grateful Dead"Marketing Lessons From the Grateful Dead,published in August 2010. He is also an Entrepreneur-In-Residence at MIT.

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