Spark Capital acted as the lead investor on a $20 million Series B for the author’s software company. The round included participation from the company’s existing backers: Battery Ventures, Core Capital, Contour Venture Partners, IDEA Fund Partners and Salesforce Ventures. The financing was announced as a Series B round; no breakdown of instruments beyond the round type or debt was disclosed. The portfolio company referenced is based in North Carolina’s Research Triangle and had previously completed a Series A. The article frames Spark Capital’s role in the context of fundraising for startups outside the Bay Area and highlights the firm leading this growth-stage round. No operating metrics such as revenue or user counts were disclosed in the article.

Total raised

$20M

Funding rounds

1

Latest round

Series B

Latest activity

Dec 2016