Radius Intelligence

Radius Intelligence Inc.[1] was an American software company that provided a marketing platform for targeting small businesses.[2] The company tracked and collected information from hundreds of thousands of sources about more than 25 million small businesses in the United States.[3][4] The company publicly stated it planned to build products that are directly competitive with Dun & Bradstreet.[5] In 2019, it was acquired by Kabbage.[1]

Radius Intelligence Inc.
TypePrivate
IndustryEnterprise software (SaaS)
Founded2009
FounderDarian Shirazi, Adrian Druzgalski, Noah Hayes
Defunct2019
FateAcquired by Kabbage
Headquarters
San Francisco, California
,
United States
Areas served
United States
Websiteradius.com

History

Founded in 2009, Radius started out as purely a data company focused on aggregating location data and in April 2012 launched publicly.[6]

By 2014, Radius has been funded by American Express, BlueRun Ventures, and Formation 8. The company has publicly announced three rounds of funding: $6.75 million for the seed round, $12.4 million for the Series A round,[7] and $13 million for the Series B round.[8]

On July 29, 2015, Radius announced a $50 million investment (Series C) by Founders Fund, AME Cloud Ventures, Formation 8, and Salesforce Ventures.[9][10]

In May 2018, the company announced its intention to merge with Leadspace.[11] In September 2019, Kabbage announced that it acquired Radius.[12]

Darian Shirazi is the main founder of Radius.[13][14][15][16][17][18][19]

References
  1. Saunders, Jessica (September 4, 2019). "Kabbage plans to acquire small-business data platform Radius' assets". Atlanta Business Chronicle. American City Business Journals. Archived from the original on February 7, 2023.
  2. Brent Leary "Radius Intelligence: Interview with Founder, CEO Darian Shirazi", “Small Business Trends”, May 5, 2012.
  3. Victoria Barret "Radius: How Facebook's Youngest Hire is Tackling The Local Data Problem", “Forbes”, April 24, 2012.
  4. Kate Freeman "Social Media Savvy Small Businesses [INFOGRAPHIC]’ ", “Mashable”, June 27, 2012.
  5. Cory Johnson "Radius CEO on Strategy", "Bloomberg"
  6. Kim-Mai Cutler "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses", "Techcrunch", April 24, 2012
  7. Humayun Khan "Radius Adds $12.4MM from American Express to Scale SMB Sales Intelligence Platform", "Betakit", January 23, 2013 Archived January 27, 2013, at the Wayback Machine
  8. Yuliya Chernova "With Backing From Palantir Co-Founder, Radius Goes After Small-Business Info Goliath D&B", "The Wall Street Journal", January 9, 2014
  9. Business Insider (29 Jul 2015). "Facebook's first intern just landed $50 million from Peter Thiel and other investors". Yahoo Finance. Retrieved 29 Jul 2015. {{cite news}}: |author= has generic name (help)
  10. "Radius Closes $50MM Investment, Led By Founders Fund, To Meet Surging Demand for Predictive Platform" (Press release). 29 July 2015.
  11. "Here's why Radius and Leadspace decided to combine". MarTech Today. 2018-05-01. Retrieved 2019-08-17.
  12. "Kabbage acquires Radius Intelligence, the marketing tech firm with a database of 20M small businesses". 3 September 2019.
  13. Brent Leary (May 4, 2012). "Founder of Radius Intelligence, Darian Shirazi: Sales Intelligence Comes to Small Business". Small Business Trends. Retrieved January 28, 2014.
  14. Jason Ankeny (20 August 2013). "A Facebook Alum Builds an Intelligent Sales Platform". Entrepreneur. Retrieved January 28, 2014.
  15. Kim-Mai Cutler (April 24, 2012). "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses". TechCrunch. Retrieved January 28, 2014.
  16. Victoria Barret (April 24, 2012). "Radius: How Facebook's Youngest Hire Is Tackling The Local Data Problem". Forbes. Retrieved January 28, 2014.
  17. Kate Freeman (June 27, 2012). "States With the Most Social Small Businesses". Mashable. Retrieved January 28, 2014.
  18. Adrienne Burke (January 25, 2013). "A "big data" company helps small businesses target sales". Yahoo! Small Business Advisor. Retrieved January 28, 2014.
  19. Tim Gallen (April 12, 2013). "Phoenix small businesses among most Web-savvy in the country". Phoenix Business Journal. Retrieved January 28, 2014.
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