Infusionsoft, a CRM, sales and marketing software provider for SMBs, received a $20 million investment from ORIX Growth Capital. The company said the funding will be used to fuel product development and market expansion.
“We are excited to partner with Infusionsoft given their expertise in small business and long track record as an industry-leading CRM provider,” said Jon Weitzel, Director at ORIX Growth Capital, in a statement.
“Infusionsoft is on a mission to simplify growth for millions of small businesses worldwide,” said Clate Mask, CEO of Infusionsoft, in a statement to Demand Gen Report. “Until this year, we didn’t have a simple CRM to serve the needs of the broader market, but we do now. We are excited to partner with ORIX to accelerate our market expansion, product development and branding of our new simple CRM.”