clock menu more-arrow no yes

Marketing Startup Radius Snags Nearly $55 Million in Funding

Radius, a San Francisco-based marketing software company that helps businesses manage their sales relationships with customers, has raised $54.7 million in new venture funding. The Series C round included existing investors BlueRun Ventures and Formation 8 Partners, along with more than half a dozen new investors, including Peter Thiel’s Founders Fund and a few angel investors like actor/musician Jared Leto. Radius, which was founded by one of Facebook’s earliest software engineers, Darian Shirazi, declined to disclose its new valuation.

This article originally appeared on Recode.net.

Sign up for the newsletter Sign up for The Weeds

Get our essential policy newsletter delivered Fridays.