• Online Marketing Software Company WordStream Raises $6 Million

    Friday, May 7th, 2010

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Search engine marketing software startup WordStream has raised $6 million in Series B financing, a little birdie informs us, with an announcement supposedly forthcoming early next week.

    Investors are said to include Egan-Managed Capital and Sigma Partners, who have previously backed the company with $4 million back in January 2009.

    We hear Egan-Managed Capital’s Frank J. Andrasco will be joining the company’s board.

    We’ve contacted the company for confirmation.

    WordStream provides software and services that helps businesses with their search marketing efforts. Its keyword management solutions help companies create and manage paid and organic search campaigns involving large numbers of keywords.

    The company was founded by Larry Kim, previously at Adobe and Altova, back in 2007. According to his bio on the website, he bootstrapped WordStream by providing search marketing consulting services while managing a team of engineers and marketers to productize various search engine marketing tasks.

    In September 2008, he resigned as President & CEO to focus on marketing and product management, appointing Rob Adler as the new chief executive. Adler previously served as co-founder and president of CCBN, an online financial services company Thompson Financial acquired in 2004.

    Company: WordStream
    Website: wordstream.com
    Launch Date: November 2007
    Funding: $10M

    WordStream provides search marketing software and PPC services that help marketers get better results from their PPC and SEO efforts. The company’s easy-to-use software facilitates more effective paid and organic search campaigns by increasing relevance and Quality Scores in Google AdWords, automating proven best practices, and delivering expert-level results in a fraction of the time. Whether you’re new to search marketing or are experienced at PPC management, WordStream’s simple tools for better keyword research and organization, AdWords management, and...

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