OutboundEngine Raises $11M For Marketing Automation

Austin-based OutboundEngine, which develops a platform which helps small and medium sized businesses execute email, social media, and content marketing campaigns, has raised $11M in a Series B funding round. The funding was led by Silverton Partners, and also included Noro-Moseley Partners, Harmony Partners, Altos Ventures and Capital Factory. The startup, which is led by Branndon Stewart, automates all of the marketing efforts needed by small and medium sized businesses. The company said the funds go towards growth, office expansion, product development, and expansion into new vertical markets. More information »