MindBody Secures $35,000,000 New Financing Round

  • Feed Type
  • 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
  • Venture Investor
    Institutional Venture Partners
  • Venture Investor
    Catalyst Investors
  • Venture Investor
    Bessemer Venture Partners

By posting a comment, you agree to our terms and conditions.