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Benchmark Email Secures Funding to Fuel Growth and Drive Acquisitions
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ST. LOUIS, Jan. 7, 2021 /PRNewswire/ Benchmark Email, a leading software as a service provider of sales and marketing solutions for SMBs, today announces that it has secured a $3,000,000 credit facility from Texas Capital Bank. The credit facility is also designed to scale as the revenue of the company scales, giving Benchmark additional growth capital into 2021 and beyond.
Jonathan Herrick, CEO of Benchmark Email, indicates that this new access to funding will drive acquisitions, fueling rapid growth and innovation. We are excited to be partnering with Texas Capital Bank and with access to more capital we can accelerate our acquisition strategy. In the year ahead we plan on aggressively acquiring companies that fit our mission of helping businesses ignite relationships with their customers, Herrick said.