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Financial News

This section will highlight the latest financial announcements from all of the prominent marketing automation, CRM and other solution vendors in the industry.

Salesforce Revenue Up By 26.8% For Q1

Salesforce Revenue Up By 26.8% For Q1

Salesforce announced a 26.8% increase in year-over-year revenue for the first quarter of fiscal year 2017. The company’s Q1 revenue totaled $1.917 billion, higher than analyst’s estimates. In an earnings call with investors, Salesforce Chairman and CEO Marc Benioff called the results, “the best Q1 we’ve ever seen.”
Propel Acquires ThriveHive To Provide Digital Marketing For Small Businesses

Propel Acquires ThriveHive To Provide Digital Marketing For Small Businesses

Propel Business Solutions, a provider of digital marketing products and solutions for local businesses, announced it has acquired marketing software firm ThriveHive for $11.8 million. Both companies focus on digital marketing for small businesses (SMBs); the acquisition gives Propel access to ThriveHive’s email marketing analytics and video support services business.
Terminus Raises $7.5 Million To Grow ABM Product Development

Terminus Raises $7.5 Million To Grow ABM Product Development

Account-based marketing company Terminus has raised $7.5 million in funding. The round of funding, led by Edison Partners, will allow the company to accelerate product development and expand its workforce. Ryan Ziegler, General Partner at Edison Partners, joins the Terminus Board of Directors along with the funding. Along with enhancing…
Crimson Hexagon Raises $20 Million For Global Expansion

Crimson Hexagon Raises $20 Million For Global Expansion

Social data analytics provider Crimson Hexagon has raised $20 million in growth equity financing. The funding, led by Sageview Capital, positions the company to expand its global sales and marketing team and infrastructure. The company has raised $17.5 million in previous funding rounds.
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