Earlier today I shared with our team that we secured $70 million in equity financing to fuel the continued growth of our company. The magnitude of the investment is unprecedented for the company and is one of the largest venture capital investments made in the country this year.
This new round of funding bolsters our position as the industry leader by building on our financial performance of 33 consecutive quarters of growth and 13 consecutive quarters of profitability. It also opens new doors for you, as we are now the only one-to-one marketing provider to have the capital required to deliver the innovations, reliability and services you expect.
We have built our business thanks to marketers like you who have come to rely on our sophisticated platform to power everything from email coupon offers and automated fraud alerts to e-statements and SMS text messages. Your confidence in ExactTarget has fueled our growth and continues to drive the evolution of our one-to-one marketing platform.
Thanks for your continued support of ExactTarget.
Best regards,
Scott Dorsey
CEO & Co-Founder
ExactTarget
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