Electric obtains $40m Series C

Electric, a provider of IT technology and real-time support for small and medium-sized businesses, has raised $40 million in Series C funding.

Electric, a provider of IT technology and real-time support for small and medium-sized businesses, has raised $40 million in Series C funding. Greenspring Associates led the round with participation from other investors that included Bessemer Venture Partners, GGV Capital, 01 Advisors, Primary Venture Partners, Atreides Management and Vintage Investment Partners.

Source: Press Release