Leanplum Raises $29M Series C Funding Round

Funding Rounds

▤ Summary

Leanplum, a San Francisco, CA-based provider of a mobile marketing platform, closed a $29m Series C funding.The round was led by Canaan Partners, with participation from existing investors Kleiner Perkins Caufield & Byers (KPCB) and Shasta Ventures.In conjunction with the funding, Joydeep Bhattacharyya formerly of Shasta Ventures, who recently joined Canaan Partners, will return to Leanplum board of directors.The company – which has raised raised a total of $46.3m since launching in 2012 – intends to use the funds to expand its sales, marketing, and engineering teams, to advance the capabilities of its mobile marketing platform, including support for added engagement channels such as email, and to grow the business globally.Founded in 2012 by Momchil Kyurkchiev, CEO, Leanplum provides a mobile marketing platform which delivers engagement across messaging and the in­-app experience via such features as Messaging, Automation, App Editing, Personalization, A/B Testing, and Analytics.

$ Funding

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Amount $29.0M Total raised
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Date October 18, 2016 Announcement date
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Investors Shasta Ventures, Leanplum, Canaan Partners Lead investors
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Company http://www.leanplum.com Funded company

▥ Classifications

industries
No industries detected
applications
Web and Content Management

◇ AskAI Classifications

Labels
Customer Engagement Platform SaaS Marketing Automation

▦ Linked Companies

CleverTap
$10M to $25M