HubSpot Announces $32 Million Investment
Updated · Mar 11, 2011
Sequoia Capital, Google Ventures and Salesforce (NYSE: CRM) have all all invested in one company, HubSpot, with a Series D round of financing of $32 million. As noted on the Hubspot blog, the company provides all-in-one marketing software used by over 4,000 businesses to get found by more prospects, convert them into leads and sales, and analyze the entire marketing process.
“Sequoia Capital has a long history of partnering with founders to help them build long-term, multi-billion dollar companies, including Google, LinkedIn, AdMob, YouTube, Yahoo!, Apple, and Oracle. ‘We back companies that are transforming their industries,’ said Jim Goetz, General Partner at Sequoia Capital. ‘HubSpot is the emerging category leader in the SaaS marketing sector. Their customer base exceeds that of all the other relevant marketing software companies combined, including Eloqua, Marketo, Genius, and Manticore.'”