Thursday, September 22, 2016

Mautic Raises $5M to Fund Open Source Marketing Automation Project


Mautic, the open source marketing automation software vendor, has successfully closed a $5 million A Round, led by G20 Ventures and Underscore.VC. A big win for the growing cloud-based marketing company. Earlier in 2016, Mautic announced $600,000 in seed funding from the same two investors mentioned above. This new round of investment has come following Mautic's significant traction with its customers and open source community. A Closer Look at Mautic The Mautic open source project has enjoyed a healthy level of growth throughout 2016. The statistics speak for themselves: More than 50,000 downloads of the open source version More than 20,000 additional companies using the free hosted version Thousands of contributing developers around the world Translated into 24 different languages Launched dozens of new features in 2016 alone due to the vibrant community Those features include things like SMS campaigns, contact management, segmentation, multi-channel marketing, built-in reports, and
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