Gigya Banks $25 Million In Latest Funding Round


Gigya

Gigya is a growing social data management company, and has secured $25 million in new funding.

This latest round of funding was lead by Greenspring Associates, with support from DAG Ventures, Mayfield Fund, Advance Publications and Benchmark Capital.

Since launching in June 2006, the company has raised a total of just under $70 million.

Gigya plans on investing in development of its marketing and sales teams both domestically, and internationally, and will add offices in Phoenix.

In early 2013, CEO Patrick Salyer said that sales growth has tripled in the last two years, and in May hired its first CFO.

Currently, Gigya has 225 employees, and 700 customers which include such big names as NBC, Walmart, Dell, Adidas and DirecTV.


Mike Stenger

Lover of technology, Mike often makes jokes that nobody laughs at.

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