Email Data Source Secures Funding from New York Angels
NEW YORK –– Email Data Source, the leading provider of email intelligence technology and the designer of Email Analyst™, the first comprehensive email intelligence platform, has secured Series A funding from New York Angels Inc., the New York metropolitan area's leading early stage investment group. Investment terms were not disclosed.
Pursuant to the investment, Email Data Source will add Hugh Cullman and Bob Rice to its Board of Directors. Mr. Rice is the former chairman of the Board of Viewpoint (NASDAQ: VWPT), which he founded.
Email Analyst, the premier product from Email Data Source, has made a splash in the interactive world since its launch in mid-2004 largely because it is the only solution available that provides actionable insights and the data behind them for the fast-growing email marketing segment. In the short time since its launch, Email Analyst has become an essential tool for more than 70 companies in the digital marketing arena on both the buy side and the sell side.
"Email Data Source is a natural fit within our portfolio since they are a clear market leader in a fast-expanding market," said Chris Saxman, Executive Director of New York Angels. "We see theirs as a very strategic opportunity that is being developed by a strong team. So, helping seed their growth makes a lot of sense."
“Anyone who examines the New York Angels’ portfolio would see what a perfect partner they are for Email Data Source,” said Bill McCloskey, President and CEO of Email Data Source. “We’ve grown to a very solid, profitable point organically, but we intend to grow our staff and ramp our sales more quickly through their investment.”
NEW YORK –– Email Data Source, the leading provider of email intelligence technology and the designer of Email Analyst™, the first comprehensive email intelligence platform, has secured Series A funding from New York Angels Inc., the New York metropolitan area's leading early stage investment group. Investment terms were not disclosed.
Pursuant to the investment, Email Data Source will add Hugh Cullman and Bob Rice to its Board of Directors. Mr. Rice is the former chairman of the Board of Viewpoint (NASDAQ: VWPT), which he founded.
Email Analyst, the premier product from Email Data Source, has made a splash in the interactive world since its launch in mid-2004 largely because it is the only solution available that provides actionable insights and the data behind them for the fast-growing email marketing segment. In the short time since its launch, Email Analyst has become an essential tool for more than 70 companies in the digital marketing arena on both the buy side and the sell side.
"Email Data Source is a natural fit within our portfolio since they are a clear market leader in a fast-expanding market," said Chris Saxman, Executive Director of New York Angels. "We see theirs as a very strategic opportunity that is being developed by a strong team. So, helping seed their growth makes a lot of sense."
“Anyone who examines the New York Angels’ portfolio would see what a perfect partner they are for Email Data Source,” said Bill McCloskey, President and CEO of Email Data Source. “We’ve grown to a very solid, profitable point organically, but we intend to grow our staff and ramp our sales more quickly through their investment.”