SnapApp Snaps Up $10.2M as Boston Marketing Tech Sector Surges
Summary
The latest to cash in on the deal making is SnapApp, which on Tuesday announced it received a $10.2 million investment from earlier backer Providence Strategic Growth. The company has raised $26 million in total outside capital, and it employs about 70 people, according to reports from the Boston Business Journal and BostInno. In a press release, SnapApp says it plans to invest the new funds in product development, sales initiatives, and potential acquisitions. Local marketing tech companies have been making other kinds of moves, in addition to raising venture capital. And Quincy, MA-based Propel Marketing renamed itself ThriveHive, the name of the local marketing-tech startup it acquired last year for $11.8 million in cash.
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applications
Web and Content Management
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Enterprise Software
Low-Code Platform
AI Software
Linked Companies
SnapApp
$1M to $5M
Shareaholic
$1M to $5M