MindBody Secures $35,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7fc7a865-7f0b-4c2e-8495-e66fb5da2ed8&Preview=1 -
Date
11/1/2012 -
Company Name
MindBody -
Mailing Address
4051 Broad Street San Luis Obispo, CA 93401 -
Company Description
MINDBODY Inc.’s roots go back to 1998, when we were the first software consultancy developing easy-to-use client and teacher management solutions for yoga, pilates, and spinning studios. In 2001, we became an LLC, took the business name MINDBODY Software, hired our first employees and released the first hosted data synchronization service designed for small business. In 2003, we led the industry again with online scheduling as the first web based, client scheduling tool synchronized to desktop studio management software. -
Website
http://www.mindbodyonline.com -
Transaction Type
Venture Equity -
Transaction Amount
$35,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The capital raised will be used to accelerate MINDBODY’s international expansion and ongoing productdevelopment. MINDBODY is the global leader in its markets, currently serving over 21,000 health,wellness and beauty-based businesses in 80 countries worldwide. -
M&A Terms
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Venture Investor
Institutional Venture Partners -
Venture Investor
Catalyst Investors -
Venture Investor
Bessemer Venture Partners
