Here’s how the Center City software company worked a relationship with the West Coast VC firm into its next round of fundraising, which is focused on expanding its customer base, CEO Rick Nucci told Technical.ly.
Written by Paige Gross, Technical.ly Philly
Amid a pandemic and subsequent recession, one of the best-case scenarios for a growth-stage company is to have a round in the bank, a venture capitalist will likely tell you.
Securing a round of fundraising now could buy a year or so of safety during unpredictable times for a biz looking to add employees, roll out a new product or simply survive unscathed during the next few months.
Guru Technologies, one of Center City’s steadiest-growing tech companies, announced Tuesday that amid one of the most suddenly challenging periods for local economies in recent history, it had just closed a Series C — a $30 million round led by Silicon Valley-based venture capital firm Accel, which has funded the likes of Facebook and Spotify.
