$40M raised by ExactTarget, Inc
Exacttarget, Inc reported today in a filing with the U.S. Securities and Exchange Commission it had raised $40M in new funding. Companies file this special form with the U.S. Securities and Exchange Commission in the majority of cases when closing new funding.
Exacttarget, Inc did not disclose revenue figures according to the SEC Filing detailing the transaction. The type of investment being offered was listed as equity (opposed to debt, warrants, or other types of investment options). Exacttarget, Inc noted they began raising the money on November 10, 2011. As of today, the entire $40M offering has been sold to private investors, no remaining investment is being sought at this time.
Digging into Exacttarget, Inc’s fundraising history, Exacttarget, Inc has filed 3 fundraising documents with the U.S. Securities and Exchange Commission. Their last filing with the SEC on March 1, 2010 noted $8.1M in new investment. Previous to this filing, Exacttarget, Inc had a $70M fund raise on November 18, 2009.
The SEC Filing can be viewed in its entirety by clicking here: Exacttarget, Inc Form D SEC Filing.