Wednesday, July 18, 2012

Infusionsoft Claims Strong Growth

Gilbert, Arizona-based Infusionsoft, which develops web-based, sales and marketing software, said Tuesday that it has seen strong growth in its second quarter. The firm said it added 60 new hires to the firm, bringing it to 250 employees, and added 1,500 new small businesses as customers. The firm did not provide any financials, but did say that its customers processed $284 million in e-commerce dollars with the firm in the quarter. Infusionsoft says it plans to grow from 250 to 1,000 employees over the next three to four years, due to its growth. The firm is venture backed by Mohr Davidow Ventures and vSpring Capital.