PebblePost closes $47M Series B round
PebblePost, the inventor of the Programmatic Direct Mail solution, has announced that it has secured a total of $47m in Series B round equity and debt funding. This sum includes a term loan facility with Horizon Technology Finance and secured credit facility with Silicon Valley Bank (SVB) that together will provide access to $27m in funds in addition to $20m in equity capital from institutional investors and industry angels.
This completes the Series B funding led by RRE, which includes the previously announced $15M closing. Cafferty & Company served as independent advisor to PebblePost on each of the term loan and secured credit facility transactions.
