Tuesday, February 17, 2015

Tealium Takes $30.7M More

San Diego-based Tealium, the developer of marketing and tag management software led by Jeff Lunsford, said this morning that it has raised $30.7M in a Series D funding round. The funding was led by Georgian Partners, and also included Bain Capital Ventures, along with Battery Ventures, Tenaya Capital, and Presidio Ventures. The company said the funding will go to expanding its operations and for product innovation. The company said it saw 138 percent year-over-year growth in its sales, although it did not release any financials. Justin LaFayette of Georgian joins the company's board with the funding. Tealium's software is used by enterprises to manage "tags"--snippets of code use to track marketing efforts across e-commerce and other websites.