Tag Manager Tealium Secures $15.6M

  • April 3, 2013

Tealium said Wednesday it has secured an additional $15.6 million in Series C funding for a total of $27 million to date. The company also said it increased sales and bookings by 185% in Q1 2013, compared with the year-ago quarter, and a 245% increase in non-GAAP revenue during that same period. The latest round led by Silicon Valley-based Tenaya Capital will fund expansion of product development, customer operations and go-to-market resources. Battery Ventures, which lead Tealium's $10.5 million Series B round, and Presidio Ventures, the venture capital arm of Sumitomo, also participated.

This brief initially appeared as a MediaPost Raw story on Wednesday, April 3.

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