$42.8M round spurs SEO startup's world domination
June 11, 2013 | Laura Baverman
Jim Yu was at the right place at the right time back in 2005.
After almost a decade in the software industry he was managing the product team at Salesforce that released the first enterprise cloud-computing platform. He was so taken with the power of the cloud, that in 2007, he left Salesforce to put cloud-based software and marketers together.
It took three years of bootstrapping to develop the SEO platform now called BrightEdge, but since 2010, growth has been enormous. So much that Yu announced today the closing of a $42.8 million round of funding led by a new and renowned investor, Insight Venture Partners.