(Reuters) – Sendinblue, a digital advertising and marketing platform aimed toward serving to smaller companies promote extra on-line, mentioned on Thursday it raised $160 million in its newest funding spherical.
Traders included personal fairness agency Bridgepoint, French nationwide funding financial institution Bpifrance and Blackrock, in keeping with the corporate.
In its earlier spherical in 2017 Sendinblue raised $35 million. It declined to share its valuation.
The coronavirus pandemic has compelled many small companies that had shunned e-commerce to maneuver on-line, bringing a giant bump within the enterprise mentioned Sendinblue founder Armand Thiberge.
Sendinblue helps companies with advertising and marketing by way of e-mail and textual content messaging, and provides chat advertising and marketing and another gross sales instruments.
Reporting By Jane Lanhee Lee; Modifying by David Gregorio