Internet marketing company ClickFuel raises $2.5m in Series A round

ClickFuel will use this latest funding to expand its sales and marketing efforts and develop its technology platform and product line.

Founded last year, ClickFuel has developed a suite of internet marketing solutions to help local businesses drive brand awareness and customer acquisition via the internet.

“Small businesses are facing significant challenges in today’s market.” said Bill Filip, partner with Baird. “In order to gain a competitive advantage and maximise exposure, it is now more critical than ever for SMBs to implement more advanced, internet-based marketing programmes. ClickFuel addresses those critical needs by offering a scalable, affordable solution to the SMB market. Baird Venture Partners has a long history of investing in the business services sector and we believe ClickFuel represents one of the next big success stories.”

As part of the transaction, Filip and Jim Pavlik, principals with Baird, will join ClickFuel’s board of directors.

Baird Venture Partners, the US-based venture capital fund of Baird Private Equity, invests in early- and expansion-stage business services and life sciences companies.

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