Clarabridge Secures $7.2 Million in New Funding

Jan 26, 2007

Clarabridge, a text-mining software company, has secured $7.2 million in funding. Intersouth Partners led this round, with participation from all of Clarabridge's previous investors. Clarabridge will use the new financing to boost sales and marketing operations, broaden customer service and support capabilities, and better serve existing and new vertical markets. Clarabridge previously raised $3 million in venture capital, led by Boulder Ventures, bringing the company's total amount raised to date to more than $10 million.