• February 11, 2009

Search marketing automation company Enquisite has secured $8 million in Series B funding.

Castile Ventures and Formative Ventures led the investment. Other participants include The Entrepreneurs' Fund III, and Retro Ventures. Mark Hoffman, Enquisite CEO, said funds will go toward product development and market adoption for performance-based online marketing solutions.

San Francisco-based Enquisite also said Skip Besthoff, general partner, Castile Ventures, and Dino Vendetti, general partner, Formative Ventures, have joined Enquisite's Board of Directors.--Laurie Sullivan