E-mail Newsletter Vendor Constant Contact Gets $15 Million Funding
Constant Contact, the e-mail newsletter management and delivery firm (we use the company’s services for our sister site MocoNews.net’s newsletter), has scored a big $15 million round. This round of funding is being led by new investor, Greylock Partners, who committed $10 million. An additional $5 million is being provided by company’s existing investors, including Commonwealth Capital Ventures, Hudson Ventures, Longworth Venture Partners, and Morgan Stanley Venture Partners. CC will use the proceeds to fund its current and future growth opportunities.
To support its growth, CC plans to hire an additional 50 people in 2006, bringing the total workforce to more than 200.
Posted In: Money, Technologies / Formats, E-Mail
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