Qstream, a Burlington, MA-based sales performance platform provider, closed $15m Series B funding.
The round was led by Polaris Partners with participation from existing backers Frontline Ventures, Launchpad Venture Group and Excel Venture Management. In conjunction with the funding, Gary Swart, a partner at Polaris, joined Qstream’s board of directors.
The company, which has raised $23m in total funding, intends to use the funds to expand into US and EMEA markets.
Led by Duncan Lennox, CEO and co-founder, Qstream provides sales acceleration software that allows large organizations to drive revenue through science, data, and mobile technology.
With offices in Boston, San Francisco, Dublin, and London, the company currently serves 300+ global brands in the technology, financial services, and pharmaceutical industries, including LinkedIn, Mastercard, Sun Life Financial, Pfizer, and Bristol–Myers Squibb.
FinSMEs
01/12/2016