Funds for US Firm Radius

Sales and marketing intelligence provider Radius has secured an undisclosed amount of funds from corporate investment firm BBVA Ventures.

San Francisco-based Radius' technology collects and monitors data from hundreds of thousands of online and social media networking sources. The firm also provides data associated with more than 20 million small businesses in the US.

In January, the firm raised $12.4m in Series B funding, earmarked for further development of its platform and expansion of its small business index. As part of the latest funding, BBVA Ventures (which is owned by Spanish bank BBVA) will use Radius's technology and index, while also exploring opportunities to expand the Radius platform.

Darian Shirazi (pictured), founder and CEO of Radius, comments: 'Having BBVA invest in Radius is a testament to our reach and data integrity. Given the bank's strong leadership in the small business space and international presence, they are exactly the kind of partner we look for.'

Web site: www.radiusintel.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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