MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Software
Written by / Agency / Source: Zendesk
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Zendesk Announces $60 Million Financing - Zendesk, the proven cloud-based customer service software provider, announced the completion of $60 million of new financing - Zendesk.com
Zendesk Announces $60 Million Financing

 

NewswireToday - /newswire/ - San Francisco, CA, United States, 2012/09/12 - Zendesk, the proven cloud-based customer service software provider, announced the completion of $60 million of new financing - Zendesk.com. NYSE: ZEN

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

“This new funding allows us to invest aggressively in global expansion, top-notch talent, and technology innovation,” said Mikkel Svane, Zendesk CEO and founder. “Today’s introduction of the ‘new Zendesk’ demonstrates how we are changing the face of customer service forever.”

Redpoint Ventures led the $45 million equity financing with participation by Index Ventures, GGV Capital, Goldman Sachs and the company’s existing venture capital investors, Charles River Ventures, Benchmark Capital and Matrix Partners. In addition, the company has secured a $15 million facility through Silicon Valley Bank.

“We believe Zendesk is one of the most innovative SaaS companies in the industry,” said Satish Dharmaraj, General Partner with Redpoint Ventures. “The enterprise software industry is seeing a huge shift to the cloud. Zendesk has proven itself as a leader in this transition, with stellar performance in the customer service sector and they are poised for phenomenal growth. Redpoint is pleased to be an investor in this important and disruptive company.”

Zendesk’s monthly recurring revenues have grown nearly 500% since the last financing was completed in November 2010. Over the past 15 months, San Francisco-based Zendesk opened offices in London, Copenhagen, and Melbourne as well as established operations in Tokyo. Today, more than 100 million people in 140 countries get their customer service through Zendesk’s 20,000+ customers.

About Zendesk
Zendesk (zendesk.com) is the leading provider of proven, cloud-based customer service software. For growing organizations, Zendesk is the fastest way to enable great customer service. More than 20,000 Zendesk customers, including Gilt Groupe, Box, and Disney, trust Zendesk with their most valuable assets: their customers, partners, and employees. Founded in 2007, Zendesk is funded by Charles River Ventures, Benchmark Capital, Goldman Sachs, GGV Capital, Index Ventures, Matrix Partners, Redpoint Ventures, and Silicon Valley Bank.

About Redpoint Ventures
Founded in 1999, Redpoint Ventures (redpoint.com) is a leading technology focused venture capital and growth equity investment firm with over $3B in capital under management. Redpoint focuses on investing globally in technology ventures across the Internet, digital media, mobile, and enterprise sectors to accelerate growth and build industry defining companies. Its partners have been involved in 41 IPOs and 66 upside acquisitions. The firm is headquartered in Menlo Park, CA with offices in Los Angeles and Shanghai, China.

About Index Ventures
Index Ventures (indexventures.com) is a leading global venture capital firm active in technology and biotechnology investing since 1996. From its offices in Geneva, London and San Francisco, Index Ventures loves to discover and support the most entrepreneurial teams wherever they are looking to build market defining global businesses.

About GGV Capital
GGV Capital (ggvc.com) is a $1.6 billion expansion stage venture capital firm based in Silicon Valley (Menlo Park, CA) and Shanghai, China. Founded in 2000, the firm leverages a unique operating model – one team investing across the US and China, the two largest economies in the world. GGV portfolio companies include Alibaba Group, Appirio, AthenaHealth, Buddy Media, Endeca, hiSoft, Isilon, Meihua, Meilishuo, Pandora Media, Qunar, SoundCloud, Square, SuccessFactors, Tudou, UCWeb, YY and 21ViaNet.

About Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

About Silicon Valley Bank
Silicon Valley Bank (svb.com) is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine businesses. Silicon Valley Bank and its affiliates within SVB Financial Group provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to clients worldwide through 27 U.S. offices and seven international operations in China, India, Israel and the UK.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Zendesk

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Zendesk Announces $60 Million Financing

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Tiffany Apczynski - Zendesk.com 
press[.]zendesk.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Zendesk securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Zendesk / Company Profile


Read Software Most Recent Related Newswires:

SAP.iO Fund Invests in Deepgram for Gleaning New Insights from Speech
Cicero Recognized with Enabling Technology Leadership Award by Frost & Sullivan for its Product Line Strength and Customer Impact
Detego Announces a New Solution for Managing the Increasing Number of eCommerce Returns up to 90% Faster, as Retailers Focus Efforts to Online Channel
SAP Kicks Off SAP.iO Foundry Paris for HR Tech Startups
Aptean Supports Research to Fight COVID-19 Pandemic by Offering Worldwide Complimentary GenomeQuest Usage to Scientific Community
InterSystems Recognized for Second Year in a Row with 2020 Gartner Peer Insights Customers’ Choice for Operational Database Management Systems
SAP and Accenture Launch Upstream Oil and Gas Solution to Help Streamline Processes and Costs
Oldest Trailer Manufacturer in The Netherlands Continues to Innovate to Serve Customers Easier, Faster, Better
SAP.iO Foundry Tokyo Launches Industry 4.0 Startup Acceleration Program
Oracle Cloud Powers New Video, Gaming, and Sports Streaming Services
New API Integration from Matrix & WideOrbit Delivers AR Transparency
SAP and Goldman Sachs Innovate to Offer Global Payments on Ariba Network
Oracle Adds Clarity and Color to the De Beers In-Store Experience
Splunk Increases Data Collection Quality, Improves Respondent Convenience, Reduces Costs and Strengthens Security for 2020 Census
TIBCO Receives 2020 DEVIES Award for Data Development and Architecture

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  BizJobs.com





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)