Salsa Labs Raises $5M from Edison Ventures

Funding Rounds

▤ Summary

Salsa Labs, a Washington, DC-based provider of online organizing and fundraising solutions, raised $5m from Edison Ventures.The company intends to use the funds to expand in existing markets and enter in new ones, develop 3rd party applications in the Salsa Market, which will expand capabilities for donor management, social CRM, and mobile applications.In conjunction with the funding, Sever Totia, Principal at Edison Ventures, will join the company’s board of directors.Led by CEO Chris Lundberg and Co-Founder April Pedersen, Salsa Labs provides Nonprofits, Associations, and Political Campaigns with an online platform designed to manage their supporters, communicate, fundraise, advocate, and host events.The company, which also operates an office in Austin, Texas, has over 2,000 customers.

$ Funding

$
Amount $5.0M Total raised
□
Date July 31, 2011 Announcement date
◎
Investors Salsa Labs Lead investors
▥
Company http://www.salsalabs.com Funded company

▥ Classifications

industries
Non-Profit
applications
Sales and Marketing

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies

Salsa Labs
$10M to $25M