Turbo Systems Announces Extension to Series A Funding as Companies Increasingly Seek No-Code Solutions for Distributed Teams
Turbo Systems Announces Extension to Series A Funding as Companies Increasingly Seek No-Code Solutions for Distributed Teams
07/23/20, 2:05 PM
Location
campbellRound Type
series a
Turbo Systems, the first universal, no-code engagement platform, today announced a $3.45 million extension to its Series A, $8M funding round which initially closed in 2018. The extension comes as a result of the company’s continued momentum. Led by original funder Mayfield, an investor in ServiceMax, Marketo, Moat, Outreach, Hashicorp and several other leading SaaS/Cloud companies, the funding will be used to capture and accelerate Turbo’s growth in revenue and customers. In addition to Mayfield, B Capital has joined the round with its Ascent Fund, a partner-backed fund that invests smaller amounts in early-stage companies with the potential for rapid growth
Company Info
Location
campbell, kentucky, united states
Additional Info
CAMPBELL, Calif.--(BUSINESS WIRE)--Turbo Systems, the first universal, no-code engagement platform, today announced a $3.45 million extension to its Series A, $8M funding round which initially closed in 2018. The extension comes as a result of the company’s continued momentum. Led by original funder Mayfield, an investor in ServiceMax, Marketo, Moat, Outreach, Hashicorp and several other leading SaaS/Cloud companies, the funding will be used to capture and accelerate Turbo’s growth in revenue and customers. In addition to Mayfield, B Capital has joined the round with its Ascent Fund, a partner-backed fund that invests smaller amounts in early-stage companies with the potential for rapid growth. Nassau Street Ventures, part of Alumni Ventures Group also joined the round as well.