Crunchbase, which has a database of startups and financial reports, along with a growing news division, has raised $50 million from investors, reports Kyle Wiggers of TechCrunch.
Wiggers writes, “The core of Crunchbase as it exists today is a research suite for sales teams. Entries show when a company was founded, its founders and executive leadership, and financing and debt rounds (and their contributors). Paid Crunchbase plans unlock data about competitors, history and more.
“The way McConnell sees it, Crunchbase can reduce the amount of time sales teams spend prospecting by highlighting companies with ‘growth signals’ — for example, funding rounds or increased product adoption.”
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