<ul><li>RightBound, a customer intelligence platform, raised USD 15.5 million in an extended Series A round led by Innovation Endeavors with participation from IBI Tech Fund. The round follows its USD 12 million Series A funding round in May 2021, bringing the company’s total funding to USD 27.5 million and reportedly tripling its valuation over the past year.</ul>
The company intends to use the funds to continue expanding its operations and market reach.
RightBound also reported that its annual recurring revenue (ARR) grew by 5x in 2021, while its customer base increased by ~6x. Since the beginning of last year, RightBound increased its headcount by 2.5x to 50+ employees and recruited several executives including Roni Green (vice president, marketing), Uri Tzikoni (vice president, product), and Alon Ashkenazi (vice president, engineering).
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.