SIM Partners Raises $8M in Series A Funding

SIM Partners, a Chicago, IL- and San Francisco, CA-based provider of local and social marketing automation SaaS technology, raised $8m in Series A funding.

The round was led by River Cities Capital Funds and Jump Capital.

The company intends to use the funds to both enhance the platform capabilities and expand the team.

Led by Jon Schepke, CEO, SIM Partners provides a suite of digital marketing technology, based on its SaaS based local marketing solutions: Velocity and Velocity Social. A social CRM tool and extension of the Velocity platform, Velocity Social enables large brands to manage social communities for multiple locations on Facebook, Twitter and LinkedIn and enables locations to build their businesses with social media while ensuring each post complies with brand standards.

The company has authorized resellers in Australia and Germany.

FinSMEs

18/06/2014