Berlin VC Point Nine Capital invests in business relationship manager Contactually2013-03-06 0
Berlin early-stage VC Point Nine Capital has announced an investment in Washington-based SaaS startup Contactually. Also involved in the $1m seed funding round was Boston Seed Capital and previous backers 500 Startups plus a group of unnamed angel investors.
This is the third funding announcement from Point Nine since it closed a €40m second investment fund in mid-February this year. In the past three weeks the VC announced funding in two other SaaS companies: Berlin-based Mambu and US startup Userfox.
Founded in 2011, Contactually is a marketing channel for email users which helps them manage professional relationships. It provides automatic reminders to reach-out to important contacts that users haven’t talked to in a while. It can also be used to manage tasks, follow-ups and to assign priorities to different contacts. Contactually pulls information from email, social networks and CRM tools to provide a synchronised profile for contacts across users’ entire networks.
Pawel Chudzinski, cofounder and Managing Director of Point Nine, said: “We are very impressed with team behind Contactually, the product they have built in such a short time, the traction it gets with users and the vision behind the company. They’re offering a truly unique solution to help professionals proactively engage with their most important relationships.”
Contactually will use the funding to accelerate its growth by attracting talent to its sales and development teams and by growing its partnerships with complementary SaaS products. At the moment, the platform is integrated with tools like Salesforce, Google Contacts, Highrise, Pipedrive, SugarCRM, MailChimp and Do.com.
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