NEWS & VIEWS

Global private equity and venture capital news and research

Bessemer leads $23m Series B for Intercom six months after Series A

22 Jan 2014

speak_shout_170sqBessemer Venture Partners has led a $23m Series B financing round for business to customer messaging system Intercom just six months after the company’s Series A.

The Social+Capital Partnership returned to back the new round of investment according to Intercom, which said Bessemer partner Ethan Kurzweil would join the company’s board.

Kurzweil said, “Eoghan founded Intercom on the premise that ‘customer loyalty is magic.’ What we love about Intercom is that by promising to help their customers build loyal customers through personalized communications, the company itself has built a strong following.

“As we considered this investment, we spoke with happy customer after happy customer, underscoring Intercom’s impressive user satisfaction and engagement.

“We invested because we think that happy customers is a predictor for ongoing growth. In partnering with Intercom, we can fuel that growth.”

Intercom, which provides an integrated support, marketing and communication platform to help businesses connect with their customers, raised $7m through its Series A round.

The company also announced that it has appointed former PayPal and Yammer executive Mark Woolway to chief operating officer.

Copyright © 2014 AltAssets

FUNDRAISING & INVESTOR RELATIONS


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2014