HubSpot Raises $35 Million Mezzanine Round from Public Market Investment Firms; Reports Aggressive Growth and Operating 'As if Public'
Summary
Were generating revenue at an annualized run rate of $60 million, up more than 80% over last year, and we still see a huge market opportunity ahead of us," said HubSpot CEO and co-founder Brian Halligan. "HubSpot empowers our customers to do inbound marketing right, by attracting leads using extraordinary content and then converting them using highly personalized context," said Dharmesh Shah, CTO and co-founder. At the time of the financing, HubSpot also announced that Ron GiIl, CFO of NetSuite (NYSE: N) was appointed to its board of directors as chair of the audit committee. In addition to Gill, new key players at HubSpot include John Kelleher (formerly of Endeca) as General Counsel, and Chris McLellan (formerly of State Street) as Chief Security Officer. Over 8,000 companies in 56 countries use our software to create lovable inbound marketing to attract, nurture and convert leads into an accelerating stream of new customers and revenue.
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