Company:Radius Intelligence

From HandWiki
Radius Intelligence Inc.
TypePrivate
IndustryEnterprise software (SaaS)
FateAcquired by Kabbage
Founded2009
FounderDarian Shirazi, Adrian Druzgalski, Noah Hayes
Defunct2019
Headquarters
San Francisco, California
,
United States
Areas served
United States
Websiteradius.com

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]

History

Founded 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

  1. ↑ 1.0 1.1 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. https://archive.today/20230207014900/https://www.bizjournals.com/atlanta/news/2019/09/04/atlanta-based-kabbage-setto-acquire-small-business.html. 
  2. ↑ Brent Leary "Radius Intelligence: Interview with Founder, CEO Darian Shirazi", “Small Business Trends”, May 5, 2012.
  3. ↑ Victoria Barret "Radius: How Facebook's Youngest Hire is Tackling The Local Data Problem", “Forbes”, April 24, 2012.
  4. ↑ Kate Freeman "Social Media Savvy Small Businesses [INFOGRAPHIC]’ ", “Mashable”, June 27, 2012.
  5. ↑ Cory Johnson "Radius CEO on Strategy", "Bloomberg"
  6. ↑ Kim-Mai Cutler "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses", "Techcrunch", April 24, 2012
  7. ↑ Humayun Khan "Radius Adds $12.4MM from American Express to Scale SMB Sales Intelligence Platform", "Betakit", January 23, 2013
  8. ↑ Yuliya Chernova "With Backing From Palantir Co-Founder, Radius Goes After Small-Business Info Goliath D&B", "The Wall Street Journal", January 9, 2014
  9. ↑ Business Insider (29 Jul 2015). "Facebook's first intern just landed $50 million from Peter Thiel and other investors". Yahoo Finance. https://finance.yahoo.com/news/facebook-first-intern-just-landed-120000416.html. Retrieved 29 Jul 2015. 
  10. ↑ "Radius Closes $50MM Investment, Led By Founders Fund, To Meet Surging Demand for Predictive Platform" (Press release). 29 July 2015.
  11. ↑ "Here's why Radius and Leadspace decided to combine" (in en). 2018-05-01. https://martechtoday.com/heres-why-radius-and-leadscape-decided-to-combine-214928. 
  12. ↑ "Kabbage acquires Radius Intelligence, the marketing tech firm with a database of 20M small businesses". 3 September 2019. https://techcrunch.com/2019/09/03/kabbage-acquires-radius-intelligence/. 
  13. ↑ Brent Leary (May 4, 2012). "Founder of Radius Intelligence, Darian Shirazi: Sales Intelligence Comes to Small Business". Small Business Trends. http://smallbiztrends.com/2012/05/radius-intelligence-darian-shirazi-interview.html. Retrieved January 28, 2014. 
  14. ↑ Jason Ankeny (20 August 2013). "A Facebook Alum Builds an Intelligent Sales Platform". Entrepreneur. http://www.entrepreneur.com/article/227833. Retrieved January 28, 2014. 
  15. ↑ Kim-Mai Cutler (April 24, 2012). "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses". TechCrunch. https://techcrunch.com/2012/04/24/fwix-becomes-radius-a-tool-for-salespeople-targeting-local-businesses/. Retrieved January 28, 2014. 
  16. ↑ Victoria Barret (April 24, 2012). "Radius: How Facebook's Youngest Hire Is Tackling The Local Data Problem". Forbes. https://www.forbes.com/sites/victoriabarret/2012/04/24/radius-how-facebooks-youngest-hire-is-tackling-the-local-data-problem/. Retrieved January 28, 2014. 
  17. ↑ Kate Freeman (June 27, 2012). "States With the Most Social Small Businesses". Mashable. http://mashable.com/2012/06/27/states-social-small-businesses-infographic/. Retrieved January 28, 2014. 
  18. ↑ Adrienne Burke (January 25, 2013). "A "big data" company helps small businesses target sales". Yahoo! Small Business Advisor. http://smallbusiness.yahoo.com/advisor/blogs/profit-minded/big-data-company-helps-small-businesses-target-sales-195615874.html. Retrieved January 28, 2014. 
  19. ↑ Tim Gallen (April 12, 2013). "Phoenix small businesses among most Web-savvy in the country". Phoenix Business Journal. http://www.bizjournals.com/phoenix/news/2013/04/12/phoenix-small-businesses-among-most.html?page=2. Retrieved January 28, 2014. 



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