INSUBCONTINENT EXCLUSIVE:
Customer engagement platform Leanplum today announced that it has raised a $27 million extension to its 2017 $47 million Series D round
This additional funding was led by previous investors Norwest Venture Partners and Shasta Ventures
Kleiner Perkins, Canaan and Launchub also participated in this round, which the company says it will use to bolster its product development
With this, Leanplum has now raised a total of $125 million.Maybe just as importantly, Leanplum also announced a major shakeup of its
The company appointed George Garrick as president and CEO, and Sheri Huston as chief financial officer
Co-founder and former CEO Momchil Kyurkchiev will step into the chief product officer role.Garrick brings a wealth of experience with him,
having been the CEO of companies like Flycast, Placeware, Wine.com and Tapjoy
Huston, too, comes into the role with a lot of industry experience as the former CFO at Comscore and LiquiBox
The company is also adding Dynamic Signal founder Russ Fradin to its board of directors.The company describes the changes in its executive
His strong management experience with companies at our stage and in our domain will be essential for Leanplum as we continue to drive growth
company says it was simply easier to extend its Series D, which has the same investors as the original D round
