BetaBoston

Yesware raises $13.5m in round led by Battery Ventures

Neeraj Agrawal. Photo taken from Battery Ventures website.
Neeraj Agrawal. Photo taken from Battery Ventures website.Credit:

Yesware, a Boston-based company with 34 employees that helps sales people manage e-mail communications with prospective customers --- and helps them to close more deals --- has raised $13.5 million Series B financing, bringing the total amount that the company has raised to date to $18.5 million, Yesware chief executive Matthew Bellows wrote on his blog Wednesday.

The round was led by Battery Ventures, a venture capital firm with offices in Waltham. Participants in the round included existing investors Google Ventures, Foundry Group, IDG Ventures, and Golden Venture Partners, Bellows wrote.

Battery Partners Neeraj Agrawal will join Yesware’s board of directors.

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Yesware products are currently available on Gmail, a fraction of the professional e-mail market. The plan is to use the proceeds from the Series B round to help expand the company’s reach in the professional e-mail space.

“Our mission remains the same, ‘To help people create value with every exchange,’” Bellows wrote on his blog. “Salespeople want and need help to do their job better.”

On his blog, Bellows describes what he is looking for in a new investor: “I’m looking for someone who can join the team and help us get the company public.”

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