DoubleDutch Closes $45M in Funding


What does DoubleDutch do?

DoubleDutch, is a mobile event technology and event performance company. it creates mobile applications designed for capturing and surfacing data from live events and conferences. It provides mobile applications and performance analytics for events, trade shows and conference for over 1,000 customers including UBM, SAP and Urban Land Institute.

How much DoubleDutch was funded?

DoubleDutch raised $45M in Series E funding on August 12, 2015 from KKR (Lead), Enspire Capital, Bessemer Venture Partners and Index Ventures

Previous funding

  • Undisclosed amount in Seed round on September 14, 2010 from Accelerator Ventures and LaunchCapital
  • $1M in Seed funding on April 22, 2011 from Lightbank(Lead), Adam Schwartz, Accelerator Ventures, Antoine Blondeau, Eric Di Benedetto, Endeavour Investment Partners, CRV, Grace Beauty Capital, LaunchCapital, Karl Jacob, Robb Wilmot, Russ Fradin, Venture51 and Tom McInerney
  • $2M in Series A funding on April 23, 2012 from Bullpen Capital, Grace Beauty Capital and FLOODGATE
  • $4M in Series B funding on November 12, 2012 from FLOODGATE(Lead) Partner: Mike Maples Jr., Grace Beauty Capital, Bullpen Capital and Lightbank
  • $11.5M in Series C funding on September 25, 2013 from Bessemer Venture Partners(Lead) Partner: Byron Deeter, FLOODGATE, Bullpen Capital and Lightbank
  • $15M in Series D funding on August 21, 2014 from Mithril Capital Management(Lead) Partner: Colin Greenspon, Bullpen Capital, Index Ventures, Bessemer Venture Partners and Enspire Capital

 

What is next for DoubleDutch?

The company cites global expansion, marketing and sales and targeted acquisitions as the primary use for the latest funds raised. The company has over 1,000 customers and now employs more than 260 people around the world in Hong Kong, Amsterdam, London, Portland and San Francisco.

More about Double Dutch

The company was founded in 2011 by Lawrence Coburn and Pankaj Prasad. It has its headquarters in San Francisco, California.

The company provides mobile apps and performance analytics for events and its name was recently added to Inc. 5000’s list of the fastest growing private companies. The company is always on the Forbes list of 10 hot companies to work in San Francisco.  It has regional offices in Hong Kong, Amsterdam, Portland and London.