$10M for Demandbase
Wade Roush5/12/11
Demandbase, a San Francisco-based business-to-business marketing technology startup that helps it clients gather data on the other companies visiting their websites, said today that it has raised $10 million in new venture financing. New investor Sutter Hill Ventures led the round, which was joined by existing investors Sigma Partners, Altos Ventures, and Adobe Systems (NASDAQ: ADBE). The company said it will use the new funds to “support the rapid adoption of the technology by large enterprises and partners, and further expansion of the data network globally.”
