US-based content publishing platform RebelMouse has raised $6m in the second tranche of a series A round now totalling $16.3m, TechCrunch reported on Monday.
Softbank Capital, the corporate venturing unit belonging to telecommunications company SoftBank, provided the funding along with private equity firm Oak Investment Partners and private investor Michael Lazerow.
RebelMouse raised the $10.25m first tranche in 2013 at a $65m valuation from Softbank Capital, Oak Investment Partners, Sterling Investment Partners and Lazerow. It previously received $2.5m in seed funding from 13 investors in 2012.
Founded in 2012 by former Paul Berry, previously the chief technology officer of media company The Hufffington Post, RebelMouse’s content management system enables brands, media companies and individuals to build a presence across the social web. It is utilised by more than 500,000 sites around the world.
The funding will mainly be used to hire more salespeople in order to go after household brand and media sites, to improve RebelMouse’s product, and to expand the product and technology teams.