StructuredWeb, a leading provider of SaaS channel marketing automation solutions, today announced that it has secured $2 million in financing led by Argentum, a New York based private equity firm and long term investor of the company.
The newly raised capital will help support StructuredWeb’s rapidly growing customer base and deepen investments in product innovation, customer success and sales and
marketing. In connection with its growing customer base on the West Coast and sustained YOY growth, the company, headquartered in New York City, will be expanding
business operations to Silicon Valley.
“We are pleased to see the organization performing strongly and particularly excited by the growing list of fortune 100 companies who trust in StructuredWeb to support their indirect sales models and grow their channel revenue,” said Daniel
Nissan, founder and CEO of StructuredWeb. “The decision to expand to Silicon
Valley, the heart of technology innovation, is an exciting one which aligns
with our commitment to provide best-in-class technology solutions to the
channel. With this round of funding, we will increase our sales and marketing
teams and keep driving innovation forward for our customers and the channel
market. As always, we appreciate Argentum’s ongoing support and look forward to
a continued relationship. ”
“StructuredWeb has demonstrated its ability to provide significant value to its marquee customer base through its market-leading technology and solutions. We look forward to continuing the momentum and supporting them in this next chapter of growth,” said Walter Barandiaran, Managing Partner at Argentum.
The new investment stands as a testament to StructuredWeb’s continued success and strengthens their market position as the leading provider of the most comprehensive and innovative channel marketing solutions for global brands.
StructuredWeb is the leading provider of channel marketing automation solutions to global brands and channel organizations. The provider’s advanced technology platform helps brands maximize revenue from their indirect sales partners by providing channel-focused solutions for content management and customization, demand generation, lead management and closed loop analytics -all boosting channel partner engagement and amplifying global reach to end customers. For more information about StructuredWeb, please visit http://www.structuredweb.com.
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Argentum is a New York-based growth equity firm that supports entrepreneurial owners in building industry leading companies. The firm partners with management teams of companies with revenues of $5 million to $25 million to provide capital to accelerate growth, fund acquisitions or generate shareholder liquidity. Since raising its first fund in
1990, Argentum has invested in over 78 companies and supported more than 180 add-on acquisitions in technology, healthcare and other high growth service sectors. Learn more at www.argentumgroup.com.