A SEO company raises $2.5M in Financing
Former Monster Worldwide Executives Launch ClickFuel with $2.5 Million Series A Financing
ClickFuel Inc., a Boston-based provider of Internet marketing services to small and mid-sized businesses (SMBs), announced today it has raised $2.5 million in a Series A financing, led by Baird Venture Partners.
This was interesting so I did some research and found out the company was founded in 2008, has 15 employees and about 50 or 100 clients who pay $1500-2500 per month for seo and web development services. Can't find the link to where I've discovered that now, but it's strange that a new seo services company would get significant financing, also since client fees usually cover the required expansion needs.
What do you think?