Brickstream Corporation Closes $9M in Series B Financing; RBC Technology Ventures Leads the Round during Year of Record Growth, New Customer Signings and Further Market Recognition
Summary
Brickstream reported record revenue growth of 300 per cent for 2003, significantly expanded its executive team (including a new CEO) and signed several new Top 100 customers. Brickstream will use the new funds to expand product development and grow its sales and marketing efforts, including the opening of an operation in the United Kingdom. "The companys ability to accelerate acquisition of blue chip customers is the strongest validation of the value enterprises are gaining from the Brickstream solution," said Arun Gupta, Partner at Columbia Capital. Brickstream clients have used these insights to improve customer service quality, develop effective marketing treatments, and design customer-friendly store layouts. Mohr, Davidow Ventures (MDV) has built a reputation among entrepreneurs as a partner by taking a hands-on approach to investments and working skillfully to architect and build successful companies.
