Radius (software company)

Radius
Type of business Private
Type of site
 SaaS
Available in English
Founded 2009
Headquarters San Francisco, CA, United States
Founder(s) Darian Shirazi, Adrian Druzgalski, Noah Hayes
Industry Enterprise software
Website http://radius.com
Current status Active

Radius is a software company that provides a marketing platform for targeting small businesses.[1] The company tracks and collects information from hundreds of thousands of sources about more than 25 million small businesses in the United States.[2][3] The company has publicly stated it plans to build products that are directly competitive with Dun & Bradstreet.[4]

Company background

Founded in 2009, Radius started out as purely a data company focused on aggregating location data and in April 2012 launched publicly.[5]

Product

Employing Big Data technology that tracks insights for more than 27 millions US businesses, Radius helps modern marketers identify ideal small business customer segments, launch highly-targeted marketing campaigns and measure results in real time.

Funding

Radius is funded by American Express, BlueRun Ventures, and Formation 8. The company has publicly announced three rounds of funding: $6.75MM (Seed), $12.4MM (Series A),[6] and $13MM (Series B).[7]

On July 29, 2015, Radius announced a $50m investment (Series C) by Founders Fund, AME Cloud Ventures, Formation 8, and Salesforce Ventures.[8][9]

See also

References

  1. ↑ Brent Leary "Radius Intelligence: Interview with Founder, CEO Darian Shirazi", “Small Business Trends”, May 5, 2012.
  2. ↑ Victoria Barret "Radius: How Facebook's Youngest Hire is Tackling The Local Data Problem", “Forbes”, April 24, 2012.
  3. ↑ Kate Freeman "Social Media Savvy Small Businesses [INFOGRAPHIC]’ ", “Mashable”, June 27, 2012.
  4. ↑ Cory Johnson "Radius CEO on Strategy", "Bloomberg"
  5. ↑ Kim-Mai Cutler "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses", "Techcrunch", April 24, 2012
  6. ↑ Humayun Khan "Radius Adds $12.4MM from American Express to Scale SMB Sales Intelligence Platform", "Betakit", January 23, 2013 Archived January 27, 2013, at the Wayback Machine.
  7. ↑ Yuliya Chernova "With Backing From Palantir Co-Founder, Radius Goes After Small-Business Info Goliath D&B", "The Wall Street Journal", January 9, 2014
  8. ↑ Business Insider (29 Jul 2015). "Facebook's first intern just landed $50 million from Peter Thiel and other investors". Yahoo Finance. Retrieved 29 Jul 2015.
  9. ↑ "Radius Closes $50MM Investment, Led By Founders Fund, To Meet Surging Demand for Predictive Platform".
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