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HubSpot Secures $16 Million Series C Venture Capital

Tuesday, October 20, 2009 5:38:00 AM PDT | VentureDeal Staff
Cambridge, Massachusetts  --  Internet marketing company HubSpot has garnered $16 million in its third round of institutional venture capital financing.

HubSpot provides inbound marketing systems for small and medium-sized enterprises via its online service.

Scale Venture Partners led the round, which also included Matrix Partners and General Catalyst Partners.  The company said it would use the investment to "continue investing in product and market development."

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