Tuesday, February 5, 2008

Clickability,the global leader in on demand Web Content Management, announced the closing of $8 million in its second round of venture funding

What Company Is offering:
Clickability's solutions help turn the management of content into a competitive advantage.

As a single source provider of a full range of services, Clickability can help today's web publisher take content through the entire content management cycle, from creation, to publication, to distribution, to interaction, to measurement, all at dramatically reduced costs.

As a fully integrated solution, all Clickability components work together seamlessly to give the web publisher ultimate control over site publication and measurement; as individual modules, each piece can be integrated into an existing infrastructure, giving our customers powerful choices about how Clickability's solutions fit best.

How Much They Got From VCs Funding:
Clickability, Inc., the global leader in on demand Web Content Management, announced the closing of $8 million in its second round of venture funding. Shasta Ventures led the round, with additional investment from Convergence Partners, which financed Clickability’s initial venture capital round.

Clickability’s total equity financing amounts to $15.6 million. Shasta Ventures managing director, Ravi Mohan, will join Clickability’s board of directors. Prior to co-founding Shasta Ventures, Mohan was a general partner at Battery Ventures where he led eight investments and served on the boards of 12 software and technology-enabled service companies.

Clickability is the first and only Web Content Management (WCM) company to offer a software-as-a-service (SaaS) platform for the entire Web content lifecycle, from content creation to optimization. In addition, the company’s platform enables non-technical users to manage sophisticated Web sites, reduce costs, grow revenue, build brands, and foster stronger customer relationships.

How This Company Is Growing:
Clickability’s sales and revenues doubled in size while its sales pipeline more than quadrupled. Since the launch of its flagship on demand platform for WCM, the company has rapidly grown to more than 100 customers, including Fortune 500 companies that target the media and enterprise markets. Clickability has served over 2.5 billion pages to date and over 300 million pages per month, while managing 400 websites with over 6,000 seat licenses. What’s more, Clickability powers the largest single on demand WCM deployment in the world with Gray Television.

More at:http://www.clickability.com/

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