ClickFuel Raises $2.5 Million in First Round
ClickFuel, a Boston-based provider of Internet marketing services to small and mid-sized businesses, said on Thursday that it has raised $2.5 million in its first round of funding, led by Baird Venture Partners. The company said that it will use the proceeds to further expand its sales and marketing efforts, as well as extend its product line. ClickFuel was founded last year by Steve Pogorzelski, a former senior executive at Monster Worldwide, and Colby West, the co-founder of AuctionPal. "We secured this funding based on our ability to differentiate our services from those currently offered," said Pogorzelski.