US-based sales and marketing platform developer Integrate.com has secured $23m from a consortium including LGI Ventures, a corporate venturing unit of media group Liberty Global, increasing its overall funding to $57m.
The round was led by venture capital firm Foundry Group through its Foundry Group Next vehicle and also featured Iron Gate Capital, Forte Ventures, Alumni Ventures Group and High Alpha.
Founded in 2010, Integrate provides software that links automation, customer relationship management and predictive software technology into a single system that helps sales teams manage the sales process.
The company’s earlier investors include mass media company Comcast, which first invested through its Comcast Ventures unit as part of an $18m series B round that closed in 2013. The round also included Liberty Global unit Liberty Global Ventures and Foundry Group.
Integrate raised $8m in a July 2017 that was round led by Iron Gate and backed by Comcast Ventures, Liberty Global, Foundry Group, Forte Ventures, Chestnut Street Ventures, High Alpha Capital and private investors including Scott Dorsey and Dan Springer.
Jeremy Bloom, founder and CEO of Integrate, said: “Our investment focus will be adding front-line sales and customer success talent, expanding into international markets, and accelerating our product capabilities via internal development and acquisitions.”
Integrate plans to increase its headcount by more than 50 by the end of 2018 having opened a new head office in Phoenix, Arizona. It has also opened an office in the Boston area and is evaluating additional offices in the US and internationally.