ExactTarget Raises $70 Million
ExactTarget, an Indianapolis-based maker of email marketing software, has raised $70 million in new VC funding. Battery Ventures led the round, and was joined by Scale Venture Partners and return backer Montagu Newhall. The release does not mention Insight Venture Partners, which held a 35% stake in ExactTarget. In related news, ExactTarget also withdrew registration for an IPO.
6 May 2009•5 mins read
