Existing investors Notion Capital and Passion Capital also took part in the financing, which brings the total raised by DueDil to $22m over the past 10 months.
Oak general partner Ifty Ahmed said, “We’re excited by the scale of the market that DueDil is creating.
“Business information is a multi-billion dollar industry that’s changed little in decades. In particular, DueDil is enabling small and medium-sized companies, which represent 99% of all businesses, to access rich insights and information.
“The DueDil executive team has a clear strategy for reordering the business information sector around customers, and is executing in an impressive way.”
HTV CEO Dan Harrington joined the company’s board following the investment in nomorerack, which was founded in 2010.
Copyright © 2014 AltAssets