$20.5 MILLION RAISED IN SERIES C FUNDING BY SIGNPOST

What does Signpost do?

Signpost is a cloud based CRM Technology Company that offers solutions for businesses to build contact between novel and old customers.it uses automation software for marketing thereby help build customer profiles by analysing the transactional data. The data that is generated is then used by the firm for diving referrals, purchases etc. Termed online presence management Signpost helps increase the presence of business on social platforms like Facebook, Google+ etc. By analysing each customer email, phone etc. it is able to give the customer a more personalised management thereby increasing the sales.

How much Signpost was funded?

With the total funding reaching up to $36.6million so far from 5 rounds of investment from as many as 7 investors.

The most recent spate of funding was $20.5 million in Series C on the 28^th April 2015 by investors Georgian Ventures, Scout Ventures, Open view Venture Partners, Launch fund and Spark Capital.

Previous funding:

Series B funding on November 19^th, 2013 saw Signpost raise $10million in funding from investors Jack Herrick, Spark Capital, Scout Ventures, Openview Venture Capitals.

Series A funding of $3.8 million was led by investors Spark Capital on the 1^st may 2012.

Venture funding of $1.3 million by Google Ventures on 25^th October 2010 was raised by Signpost.

Spark Capital invested $1.1 million on 25^th march 2010 in undisclosed round of funding.

What is next for Signpost?

Initially started as a small company to being named eventually as “one of the most promising companies” in America by Forbes consecutively in the years 2014 and 2015 it has certainly lived up to reputation. With its sights set on expansion ever since and an ever increasing employee base it is firmly on the path for expansion and provision of better consumer marketing tools.

More about Signpost:

Founded in the year 2010 by John Buchanan and Stuart Wall, Signpost has its headquarters in New York and has offices in other locations like Austin and Denver. The total number of employees is around 250 and expanding. Rated as a “top workplace” by Craines New York it certainly is a great firm to be presently.