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United States : CAMPAIGN MONITOR gets US $250 million investment from INSIGHT VENTURE PARTNERS [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Campaign Monitor, an international leader in SaaS-based email design and marketing solutions, announced on 16 April 2014 that Insight Venture Partners invested US $250 million in the company. Campaign Monitor was founded in 2004, has been profitable every quarter since launch, with sales growing at solid double digits yearly for the last 10 years. This is the company s first round of financing and will support continued product innovation and accelerated global expansion. David Greiner, co-founder of Campaign Monitor, stated, Campaign Monitor began with a goal of making email marketing an enjoyable and intuitive experience for designers and marketers and that mission has fueled our product innovation for the last decade. We re pleased to partner with Insight as we continue to build a world-class email marketing platform and invest in further international growth. Ben Richardson, co-founder of Campaign Monitor said, We are planning major new product launches across the platform in the coming year, including a powerful new email designer and intuitive campaign automation. I ve never been more excited about the future of Campaign Monitor and the opportunity ahead of us. Campaign Monitor is a leading email marketing solution for creative agencies, and high-growth businesses, major global companies. The product is cost-effective and simple enough for anyone to use, and scales to meet the needs of some of the world s biggest brands. Campaign Monitor currently has over 100,000 active paying customers in more than 170 nations. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info, an Albawaba.com company |