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Today deal comes on top of the $60 million deal last October and brings the total raised to an impressive $163 million to date.The round was led by Iconiq Capital and Insight Venture Partners. Meritech Capital Partners also participated.The company has been growing steadily and that seems to have attracted the attention of investors. When we covered the funding last October, the company stanley tumbler reported 600 customers. It now has over 1000 says company president George Mathew and he says they are adding about 200 new customers per quarter.The company used last year funding to grab聽a foothold in Europe, adding 20 employees in Western Europe along with 40 channel partners that helped build a聽roster of 200 custo stanley mug mers outside of North America.The company plans to use part of today investment to expand further internationally, Mathew said.Mathew wasn ;t ready to commit to any next steps beyond this funding round. He insisted he was not thinking ahe stanley cup ad to any future funding Uztv Bellabeat Starts Shipping The Leaf, A Health Tracker Designed For Women
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mrcz Innovation is in all the wrong places
Tue, 08/20/2024 - 04:02
#1
mrcz Innovation is in all the wrong places