Yesware, friend of your salesforce has raised $1.2 M funding in series B funding

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Yesware, the leading email productivity service for salespeople, today announced that it has secured an additional $1.2 million in Series B funding. The new funds come from existing investors Battery Ventures, Google Ventures, Foundry Group, IDG Ventures, and Golden Venture Partners. The company’s Series B round now stands at $14.7 million, bringing Yesware’s total funding to $19.7 million.

“Right after we announced our Series B in September, several investors contacted us with offers to follow on in the round,” said Yesware Founder and CEO, Matthew Bellows. “There were a couple of interesting opportunities, but when I brought them to my board, the board proposed investing more themselves.”

Brad Feld, Managing Director of Foundry Group, led the discussion saying, “I don’t know what everyone else’s view is, but I’m a net buyer of Yesware stock right now.”

“Brad’s support galvanized the rest of our current investors to step up and fund this follow-on,” said Bellows. “The net result is that we can accelerate faster with no additional time spent on fundraising.”

About Yesware Yesware is a venture-backed email productivity company that helps salespeople close more business. Integrated into Gmail, Yesware provides email tracking and analytics, customizable sales templates, CRM integration, and more to help salespeople communicate with customers more effectively. Investors in Yesware include Battery Ventures, Google Ventures, Foundry Group, Golden Venture Partners, and IDG Ventures

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Mohit Bansal(23) is B.Tech in Electronics and Communication Engineering from Indian School of Mines, Dhanbad, India. He has interest in business and entrepreneurship and has published couple of research articles. He is also associated with various NGOs. He is with Techaloo when it was just in concept stage. The Techaloo site was not existing even then. Currently Mohit is working with Mu Sigma as a Business Analyst Profile.

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