More Cash for Apptentive

Seattle-based in-app customer communication specialist Apptentive has announced $3.6m in new funding, from firms including existing investor SurveyMonkey.

The latest round, led by existing investor Origin Ventures and also including Vulcan Capital and Blossom Street Ventures, adds to $5.3m raised in September 2014, with SurveyMonkey and Origin leading. New money will help to add another 25 staff to the existing base of 30, over the next 12 months.

The firm's software helps clients run in-app surveys and prompt users for ratings and reviews. Revenue has doubled year on year. CEO Robi Ganguly (pictured), a former Director, Global Advertising Marketplaces at Yahoo!, told news site GeekWire.com a profit is 'achievable' this year.

With the latest investment, Origin Ventures Partner Brent Hill joins the board of the company, which is online at www.apptentive.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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