Facebook Marketing Partner Percolate Raises $40 Million in Series C Funding

Percolate, a Facebook Marketing Partner, announced Thursday a $40 million round of Series C funding, led by Lightspeed Venture Partners.

Percolate, a Facebook Marketing Partner, announced Thursday a $40 million round of Series C funding, led by Lightspeed Venture Partners. Additional funding was contributed by existing investors Sequoia Capital, GGV Capital, First Round Capital and Lerer Ventures.

Witht his funding, Percolate will continue its rapid growth and development of an enterprise software platform for managing marketing operations. With this latest round of funding, Percolate’s total venture funding comes in at $74.5 million. The company also plans to triple its headcount in the San Francisco office and potentially expand to Europe, Asia and Latin America.

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