boostr Secures $7 Million in Series A Funding
07/28/20, 12:15 PM
Location
new york
Money raised
$7 million
Industry
marketing
advertising
analytics
Round Type
series a
boostr, the leading omnichannel CRM and Order Management platform designed for Media & Advertising companies, announced today the closing of $7 million in Series A funding. The oversubscribed round was led by Vocap Partners and also included Bertelsmann Digital Media Investments (BDMI), Math Capital, and C2 Ventures. boostr has seen explosive growth in 2020, adding a record amount of new customers and revenue growth, as media companies have sought out a revenue management solution that saves time and cost while improving forecast accuracy and growing sales. The Company will use the funds from this round to support broader market penetration, accelerate product enhancements, and hire select personnel in marketing, sales, engineering and customer success.