Tech Company Financing Transactions

Drift Funding Round

On 9/27/2017, Drift announced $32 million in Series B funding from General Catalyst Partners, CRV and HubSpot.

Transaction Overview

Company Name
Announced On
9/27/2017
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series B
Investors

General Catalyst Partners (Lead Investor) (Larry Bohn)

CRV (Izhar Armony)

HubSpot

Sequoia Capital

Proceeds Purpose
This Series B investment will support Drift's expansion into marketing automation and sales acceleration, a new office in San Francisco, and plans to add over 100 new employees in the next 12 months.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
222 Berkeley St. 7th Floor
Boston, MA 02116
USA
Email Address
Not Recorded
Overview
The new way businesses & customers communicate. Helping to reinvent modern marketing and sales software using messaging.
Profile
Drift LinkedIn Company Profile
Social Media
Drift Company Twitter Account
Company News
Drift News
Facebook
Drift on Facebook
YouTube
Drift on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Cancel
  David Cancel LinkedIn Profile  David Cancel Twitter Account  David Cancel News  David Cancel on Facebook
Chief Financial Officer
James Kelliher
  James Kelliher LinkedIn Profile  James Kelliher Twitter Account  James Kelliher News  James Kelliher on Facebook
Chief Marketing Officer
Tricia Gellman
  Tricia Gellman LinkedIn Profile  Tricia Gellman Twitter Account  Tricia Gellman News  Tricia Gellman on Facebook
Chief Technical Officer
Elias Torres
  Elias Torres LinkedIn Profile  Elias Torres Twitter Account  Elias Torres News  Elias Torres on Facebook
VP - Customer Service
Bart Hammond
  Bart Hammond LinkedIn Profile  Bart Hammond Twitter Account  Bart Hammond News  Bart Hammond on Facebook
VP - Human Resources
Dena Upton
  Dena Upton LinkedIn Profile  Dena Upton Twitter Account  Dena Upton News  Dena Upton on Facebook
VP - Product Management
Leo Tenenblat
  Leo Tenenblat LinkedIn Profile  Leo Tenenblat Twitter Account  Leo Tenenblat News  Leo Tenenblat on Facebook
VP - Sales
Todd Barnett
  Todd Barnett LinkedIn Profile  Todd Barnett Twitter Account  Todd Barnett News  Todd Barnett on Facebook


 

 

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Prev: 9/27/2017: Boost Insurance venture capital transaction
Next: 9/27/2017: FlyData venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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