Saturday, July 22, 2017

PebblePost raises $47M as it uses online data to fuel direct mail marketing

PebblePost, a startup that uses online data to target consumers with printed mail, has raised $47 million in a combination of equity and debt.

That includes the $15 million, RRE Ventures-led Series B that the company announced in February. The equity portion of the funding has been expanded to $20 million, with another $27 million coming from a loan facility from Horizon Technology Finance, plus a credit facility from Silicon Valley Bank.

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