SurveyGizmo Secures Funds for Expansion

Online survey and analysis tool provider SurveyGizmo has secured funding which will be used to expand staffing.

The backing comes from Bill Flagg, President of online event registration company RegOnline, who recently formed 'The Felix Fund' in order to make strategic investments in companies that are ready for 'explosive growth'.

While the amount of financial support has not been disclosed, SurveyGizmo says it will use the funds to hire for key positions from sales and client services to marketing and application development.

'SurveyGizmo has grown organically over the past 2 years, and we're at a key point in our growth curve,' explained CEO Scott McDaniel. 'Bill's expertise in growing RegOnline ten fold, primarily using web marketing strategies, fits with our market strategy going forward, so we're excited to tap into that expertise.'

The Colorado-based firm, which offers an online survey, data collection and analysis tool, is online at www.surveygizmo.com .