Springbot Raises $6M in Funding

Funding Rounds

▤ Summary

Springbot, an Atlanta, GA-based ecommerce marketing platform designed for small to mid-sized online businesses, raised $6m in funding.The round was led by TTV Capital with participation from existing investors TechOperators and Silicon Valley Bank.In conjunction with the funding, Mark Johnson, former vice chairman of CheckFree and current partner at TTV Capital, will join Springbot’s board of directors.Founded in 2012 by Brooks Robinson, CEO, Springbot is a Gold Technology Partner of Magento, an eBay company, which combines marketing automation and marketing analytics to deliver a marketing robotics service for eCommerce stores to drive more traffic, conversions and overall revenue.To this end, it has recently relocated from the Advanced Technology Development Center (ATDC) at Georgia Tech to a significantly expanded office at Colony Square in Midtown Atlanta.

$ Funding

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Amount $6.0M Total raised
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Date June 5, 2015 Announcement date
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Investors - Lead investors
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Company http://www.springbot.com Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
Marketing Software Ecommerce Software AI-driven Automation Software

▦ Linked Companies

Springbot
$1M to $5M