Leads360 Raises $3.25 Million
Tweet10/12/07 – Leads360, the Los Angeles-based provider of on-demand customer acquisition and lead management solutions, today announced that it has raised $3.25 million in series A financing from Rustic Canyon Partners. Leads360 says it will use the funding to accelerate growth and expand into new lead categories, ramp its sales and marketing efforts, and accelerate ongoing product development.
Leads360, which says it is profitable, provides software and professional services to businesses of all sizes that rely on acquiring and converting customers online. Its platform, LeadManager, allows companies to distribute, track, analyze and convert sales leads faster and with greater efficiency, according to the company.
As part of the funding agreement, Rustic Canyon partner John Babcock will join the firm’s board of directors.
Leads360, founded in 2004, focuses on the mortgage, insurance and secondary education markets to improve distribution, tracking, analysis and conversion of sales leads into profitable customers.
Leads360 – www.leads360.com
