Wednesday, October 17, 2007

Eloqua has received $23 million in Series C funding

What Company is offering:
Eloqua provides on-demand applications and best-practice expertise for B2B marketers to execute, automate and measure effective marketing programs that drive revenue. Eloqua drives the entire marketing process from contact to close, while making prospect interest and intent visible at every step.
How Much They Got From VCs:
The leading supplier of automated demand generation applications and expertise for business-to-business (B2B) marketers, today announced that it has received $23 million in Series C funding. New investor Bessemer Venture Partners led the financing, with existing investors JMI Equity and Bay Partners also participating.
What Its Purpose For More Funding?
Eloqua will use this strategic funding to support the company’s rapid customer growth, extend its worldwide adoption – especially in key global markets – and to continue innovating for current customers across a range of vertical markets and industries.
More at:http://www.eloqua.com/

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