[Techtaffy Newsdesk]
Bizo has closed a $10 million Series B equity financing expansion round led by Crosslink Capital’s newest partner, David Silverman. Existing investors Bessemer Venture Partners and Venrock also participated in the round. With this round of funding, Crosslink Capital’s David Silverman will join the Bizo board of directors. Bizo’s board also includes Russell Glass, Bizo co-founder and CEO; Yonatan Stern, Bizo co-founder and ZoomInfo CEO; Byron Deeter, Bessemer partner and former IBM executive; Steve Ricci, Flagship Ventures senior partner; and Mike Tyrrell, Venrock general partner.
Bizo says it will use the funding to further expand its sales and marketing efforts and continue to extend its platform to support a fast-growing customer base.
Bizo was founded in 2008 by Russell Glass and Yonatan Stern and has raised $20 million of equity and debt financing to date. Fueled by proprietary demographic data, the Bizo Marketing Platform targets more than 100 million professionals around the world, including more than 80 percent of the U.S. business population, according to the company website.
[Image Courtesy: Bizo]