GramercyOne, a NYC-based developer of cloud-based business and marketing software to service companies, has raised $14.5m in Series A funding.
The round was led by Revolution Ventures, with participation from Grotech Ventures, TDF, and Jubilee Investments.
The company intends to use the funds to launch new products and tools, expand its reach into other service and activity-oriented sectors, and hire new staff.
Founded in 2010 and led by CEO Josh McCarter, GramercyOne provides the Booker Platform, which offers online, mobile, and social booking, real-time business management software, and state-of-the-art tools for capturing customers through social commerce, group buying, mobile and local advertising.
According to a written statement, the solution is currently used by more than 2,500 businesses in 56 countries – from multi-national enterprises like Hilton Worldwide to single location spas, fitness centers, salons, medical practices, and local service businesses.
FinSMEs
20/10/2011