Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Bookmark and Share   

Home

Marketplace
Database
Deals
News
Store
Resources
Contact Us

 

 

 

News

VCPro Database 2014 (17th Edition) Now Available! Newly released


Venture Capital Deals Spreadsheet Now Available Newly released


 

NewsCred Raises $25 Million Series C To Bring Enterprise Content Marketing Software To Brands Globally

Latest investment solidifies NewsCred as the premier, global provider of end-to-end content marketing software offered alongside the largest marketplace of licensed and original content

NEW YORK, January 23, 2014-- NewsCred, the world’s leading content marketing platform, announced today its $25 million Series C funding led by InterWest Partners. With this investment, NewsCred will aggressively scale global operations with a focus on sales, technology and product development. Additionally, Doug Pepper of InterWest Partners has joined NewsCred’s board of directors.

In 2013, NewsCred's customer base tripled and revenue increased 400%. The company experienced tremendous demand from global Fortune 500 clients such as Procter & Gamble, Capgemini, Blue Cross Blue Shield, General Electric, Xerox, Visa, Johnson & Johnson, AIG, The Hearst Corporation, Time Inc. and more. NewsCred now employs over 120 people in New York, London and Dhaka.

With the launch of the Content Marketing Cloud in 2013, NewsCred became the first company to offer an end-to-end SaaS platform for content workflow, sourcing, recommendations, publishing, distribution and analytics. Through the platform, brands gain unprecedented access to the largest content marketplace in the world – millions of licensed articles, images and video from over 4,500 publishers, ranging from the New York Times and Reuters to Getty Images and Billboard. Additionally, in 2013, NewsCred launched The NewsRoom, an exclusive freelance network that enables brands to commission the highest quality journalists, photographers, digital artists and videographers.

“Consumers expect hyper-relevant content, 24/7, wherever they are. Marketers need to meet that relentless demand by creating engaging content with simplicity, speed and scale. To deliver against this need, we've built the first end-to-end content marketing solution,” said Shafqat Islam, CEO and Co-founder of NewsCred. “By combining cutting-edge software and quality content, we've created a platform that changes the game for marketers. Today’s funding is the latest support for our vision and leadership in this increasingly complex industry. We’re thrilled to have InterWest Partners on board and Doug’s expert guidance in this next chapter.”

“In NewsCred, InterWest sees an opportunity in the $44B content marketing space that is comparable to what we saw with companies like Marketo, Optimizely and Spredfast,” said Doug Pepper, General Partner at InterWest Partners. “By any metric – number of customers, revenue and mindshare – NewsCred is the definitive leader in an important new software category, driven by product innovation and thought leadership.”

This funding round was led by InterWest Partners with participation from existing investors, including Mayfield Fund, FirstMark Capital and IA Ventures. NewsCred raised a $15M round in March 2013 for a total of $20M in previous funding.

About NewsCred

NewsCred is the leading content marketing platform. Pairing cutting-edge software with world-class content, NewsCred transforms brands into storytellers.

NewsCred's Content Marketing Cloud© provides the easiest end-to-end solution for content planning, creation, publishing and analytics. In one place, brands gain unprecedented access to the world's largest content marketplace, including licensed content from over 4,000 publishers and original content from NewsCred’s award-winning journalist network. Through NewsCred, global brands like Pepsi, P&G, Dell, General Electric and AIG have seen explosive growth in social sharing, engagement and lead generation.

Founded in 2008 by Shafqat Islam, Iraj Islam and Asif Rahman, NewsCred has offices in New York, London and Dhaka and is backed by FirstMark Capital, Mayfield Fund, IA Ventures, Greycroft Partners and others. Learn more at newscred.com and follow us on Twitter @newscred.

About InterWest Partners

For more than 30 years, InterWest has partnered with exceptional entrepreneurs to build winning technology and life sciences companies. With more than 200 years of combined operating and investing experience, the firm’s investing team has raised $2.8B, completed more than 70 IPOs, and participated in nearly 60 upside acquisitions. As the firm invests InterWest X, a $650M fund, the InterWest team continues to believe that providing capital is just the beginning of a long-term collaboration with entrepreneurs to turn their vision into a thriving company.

Contact:
For NewsCred
Kate Gundry, 617-797-5174
press@newscred.com


News Index

Venture Capital Database

Venture Capital Deals Spreadsheet

 

 NEWS

Latest VC News
VC News Archive
News Search
Venture Capital Deals
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Venture Capital Deals

vcaDeals
Download Sample
Buy Now

VC Tools

VC Pitch
Private Placement Memorandum

Business Plan Tools

Free Business Plan Template
Business Plan Tools

 

 

Copyright © 1998-2014 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer