Radius Intelligence Inc.[1] was an American software company that provided a marketing platform for targeting small businesses.[2] The company tracked and collected information from hundreds of thousands of sources about more than 25 million small businesses in the United States.[3][4] The company publicly stated it planned to build products that are directly competitive with Dun & Bradstreet.[5] In 2019, it was acquired by Kabbage.[1]
 | |
| Company type | Private |
|---|---|
| Industry | Enterprise software (SaaS) |
| Founded | 2009 |
| Founder | Darian Shirazi, Adrian Druzgalski, Noah Hayes |
| Defunct | 2019 |
| Fate | Acquired by Kabbage |
| Headquarters | , United States |
Areas served | United States |
| Website | radius |
History
editFounded in 2009, Radius started out as purely a data company focused on aggregating location data and in April 2012 launched publicly.[6]
By 2014, Radius has been funded by American Express, BlueRun Ventures, and Formation 8. The company has publicly announced three rounds of funding: $6.75 million for the seed round, $12.4 million for the Series A round,[7] and $13 million for the Series B round.[8]
On July 29, 2015, Radius announced a $50 million investment (Series C) by Founders Fund, AME Cloud Ventures, Formation 8, and Salesforce Ventures.[9][10]
In May 2018, the company announced its intention to merge with Leadspace.[11] In September 2019, Kabbage announced that it acquired Radius.[12]
Darian Shirazi is the main founder of Radius.[13][14][15][16][17][18][19]
References
edit- ^ a b Saunders, Jessica (September 4, 2019). "Kabbage plans to acquire small-business data platform Radius' assets". Atlanta Business Chronicle. American City Business Journals. Archived from the original on February 7, 2023.
- ^ Brent Leary "Radius Intelligence: Interview with Founder, CEO Darian Shirazi", “Small Business Trends”, May 5, 2012.
- ^ Victoria Barret "Radius: How Facebook's Youngest Hire is Tackling The Local Data Problem", “Forbes”, April 24, 2012.
- ^ Kate Freeman "Social Media Savvy Small Businesses [INFOGRAPHIC]’ ", “Mashable”, June 27, 2012.
- ^ Cory Johnson "Radius CEO on Strategy", "Bloomberg"
- ^ Kim-Mai Cutler "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses", "Techcrunch", April 24, 2012
- ^ Humayun Khan "Radius Adds $12.4MM from American Express to Scale SMB Sales Intelligence Platform", "Betakit", January 23, 2013 Archived January 27, 2013, at the Wayback Machine
- ^ Yuliya Chernova "With Backing From Palantir Co-Founder, Radius Goes After Small-Business Info Goliath D&B", "The Wall Street Journal", January 9, 2014
- ^ Business Insider (29 Jul 2015). "Facebook's first intern just landed $50 million from Peter Thiel and other investors". Yahoo Finance. Retrieved 29 Jul 2015.
{{cite news}}:|author=has generic name (help) - ^ "Radius Closes $50MM Investment, Led By Founders Fund, To Meet Surging Demand for Predictive Platform" (Press release). 29 July 2015.
- ^ "Here's why Radius and Leadspace decided to combine". MarTech Today. 2018-05-01. Retrieved 2019-08-17.
- ^ "Kabbage acquires Radius Intelligence, the marketing tech firm with a database of 20M small businesses". 3 September 2019.
- ^ Brent Leary (May 4, 2012). "Founder of Radius Intelligence, Darian Shirazi: Sales Intelligence Comes to Small Business". Small Business Trends. Retrieved January 28, 2014.
- ^ Jason Ankeny (20 August 2013). "A Facebook Alum Builds an Intelligent Sales Platform". Entrepreneur. Retrieved January 28, 2014.
- ^ Kim-Mai Cutler (April 24, 2012). "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses". TechCrunch. Retrieved January 28, 2014.
- ^ Victoria Barret (April 24, 2012). "Radius: How Facebook's Youngest Hire Is Tackling The Local Data Problem". Forbes. Retrieved January 28, 2014.
- ^ Kate Freeman (June 27, 2012). "States With the Most Social Small Businesses". Mashable. Retrieved January 28, 2014.
- ^ Adrienne Burke (January 25, 2013). "A "big data" company helps small businesses target sales". Yahoo! Small Business Advisor. Retrieved January 28, 2014.
- ^ Tim Gallen (April 12, 2013). "Phoenix small businesses among most Web-savvy in the country". Phoenix Business Journal. Retrieved January 28, 2014.