Balihoo Raises $5 Million of Seed Funding
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Boise, Idaho – Balihoo , a premier provider of Local Marketing Automation technology and services to franchises and national brands with local marketing needs has raised $5 million of seed funding from OpenView Venture Partners.
“Balihoo continues to see strong new customer growth across all industry segments as well as continued growth from our existing clients taking advantage of new platform product features like Balihoo’s Localized Social Media capability.” said Pete Gombert, CEO of Balihoo.
The new capital will be used on expansion and company growth and also for developing new products and tools for local and national advertising.
Funding Total: $5,000,000
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|Investors: OpenView Venture Partners|