Your Source for Venture Capital and Private Equity Financings

Yesware adds $1.2M to Series B

2013-11-15
BOSTON, MA, Leading email productivity service for salespeople, today announced that it has secured an additional $1.2 million in Series B funding.
Yesware, the leading email productivity service for salespeople, today announced that it has secured an additional $1.2 million in Series B funding. The new funds come from existing investors Battery Ventures, Google Ventures, Foundry Group, IDG Ventures, and Golden Venture Partners. The company's Series B round now stands at $14.7 million, bringing Yesware's total funding to $19.7 million.

'Right after we announced our Series B in September, several investors contacted us with offers to follow on in the round,' said Yesware Founder and CEO, Matthew Bellows. 'There were a couple of interesting opportunities, but when I brought them to my board, the board proposed investing more themselves.'

Brad Feld, Managing Director of Foundry Group, led the discussion saying, 'I don't know what everyone else's view is, but I'm a net buyer of Yesware stock right now.'

'Brad's support galvanized the rest of our current investors to step up and fund this follow-on,' said Bellows. 'The net result is that we can accelerate faster with no additional time spent on fundraising.'

About Yesware
Yesware is a venture-backed email productivity company that helps salespeople close more business. Integrated into Gmail, Yesware provides email tracking and analytics, customizable sales templates, CRM integration, and more to help salespeople communicate with customers more effectively. Investors in Yesware include Battery Ventures, Google Ventures, Foundry Group, Golden Venture Partners, and IDG Ventures. Learn more at www.yesware.com.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors