CircleBack Closes $12M Funding Round

CircleBack Inc has announced today that it’s closed a M funding round led by TDF Ventures with participation from existing investors Grotech Ventures Syncom Venture Partners and CNF Investments

As part of the investment TDF’s Jim Pastoriza will be joining CircleBack Inc ‘s Board of Directors As we got closer to understanding CircleBack’s capabilities and business it became abundantly clear that they have solved the contact management problem for consumers and businesses in a very unique way said Jim Pastoriza Managing Partner at TDF Ventures We’re excited to partner with CircleBack and continue to build this truly game-changing business ‘

With the closing of the funding round and new addition to their board CircleBack will retain its original focus ensuring the most accurate contact management possible for professionals and businesses

We’re very much on track to solving the problem I started with so long ago ensuring that professionals and businesses always have accurate up-to-date and organized contacts said Manoj Ramnani CircleBack Founder and CEO But we’re also incredibly excited for the future as we build an extraordinary company In the coming months we’ll be launching products that will leave lasting marks on a number of industries ‘

The news of the investment comes on the heels of CircleBack having recently reached a milestone now managing + billion contacts for its users These contacts when mapped by CircleBack’s artificial intelligence engine are organized into over 130 million uniquely corrected business contacts and fuel both CircleBack’s accuracy and its superior merge technology This unique solution provides unmatched contact updating to millions of users

About CircleBack Inc

Designed to help individuals and organizations keep their contact data organized and up-to-date CircleBack brings accuracy to contact data everywhere Whether someone moves jobs changes phone number or just switches buildings you’ll know

More than 2 5 million users rely on CircleBack to manage billions of contact fields a day so they can trust that their address books are organized and up-to-date across every device For more information visit http://www circleback com

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