1st Nov, 2019: Company data management platform Crunchbase raises a $30 million dollar Series C funding round from OMERS Ventures.
The funding round was also participated from existing investors Emergence, Mayfield, Cowboy Ventures, and Verizon Ventures.
“We had way back when we spun out of AOL/Verizon and TechCrunch in 2015. It’s the beginning of some big product and team investments that we hope will make Crunchbase even more useful for all of our users,” said Crunchbase on its blog.
Launched in 2007, Crunchbase is simply a quick reference tool at the bottom of a news site.
Twelve years later, Crunchbase is an independent company, has one of the most visited websites in the world, a data platform with killer applications, billions of API calls each year, and partnerships with major media brands that syndicate our data to global audiences.
The company have a user base of 55 million which empowers companies for their B2B dealmaking.
Companies are using Crunchbase tools for sales prospecting and BD partnerships, fundraising, investing, vetting opportunities, and staying up-to-date on the quickly changing private company landscape.
Using this funding round Crunchbase will upgrade and launch new features and tools for its users to solve B2B problems.