Infusionsoft, a company that makes sales and marketing software for small businesses, is announcing that it has raised $55 million in Series D funding.
The round was led by Bain Capital Ventures, with participation from past investors Signal Peak Ventures and Goldman Sachs, as well as Arthur Ventures and Allure Ventures. Bain’s Deepak Sindwani is joining Infusionsoft’s board of directors.
“Infusionsoft is the category leader in integrated sales and marketing software for small businesses, with a customer base that is 10 times the size of its closest competitor,” Sindwani said in the funding release. “The company has also ‘cracked the code’ on selling to and supporting small businesses in a cost-effective and scalable way.”
How large is that customer base? Infusionsoft says it has more than 25,000 customers in 100 countries, with more than 8,300 added in the past year. It also has more than 600 employees.
Infusionsoft is based in Chandler, Arizona and has now raised more than $125 million, with a $54 million Series C announced at the beginning of 2013.
photo: Infusionsoft CEO Clate Mask and team, via Infusionsoft