SaaS Capital Provides $5.0 Million in Growth Funding to Critical Mention
September 29, 2021
CINCINNATI, SEATTLE, NEW YORK, September 29, 2021 – SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, today announced that it has provided a $5.0 million line of credit to Critical Mention.
“We could not be more enthusiastic about the new partnership we have formed with SaaS Capital,” said Don Yount, President and CEO of Critical Mention. “The structure and size of the borrowing facility will enable us to more efficiently invest in our platform and provide our clients with industry-leading media intelligence tools. This new financing from SaaS Capital will allow Critical Mention to add new features and functions more quickly, while continuing to provide the personalized service our clients have come to expect from us.”
Critical Mention offers real-time media monitoring, intelligence, and analytics for broadcast television, radio, online news, and social media. The company also released a Media Contact Database in 2020.
“SaaS Capital is excited to announce its partnership with Critical Mention,” said Steve Jaffee, Managing Director of SaaS Capital. “The strong leadership team at Critical Mention has leveraged its domain expertise and built an industry-leading, highly integrated platform. We are proud they chose us as their financing partner to support their continued growth.”
About Critical Mention
Public relations, communications, and marketing professionals rely on Critical Mention to track when, where, and how their brands are mentioned across the entire media landscape. Clients also leverage powerful analytics capabilities to help them better understand the impact of their public relations and earned media efforts. Client support is available 24/7/365. Visit www.criticalmention.com to learn more.
About SaaS Capital
SaaS Capital is the leading provider of growth debt designed explicitly for B2B SaaS companies. SaaS Capital’s growth debt is structured to provide a significant source of committed funding, deployment flexibility, and lower overall cost of capital, all while avoiding the loss of control associated with selling equity. SaaS Capital was the first to offer lending alternatives to SaaS businesses based on their future recurring revenue. Since 2007, SaaS Capital has deployed $234 million in growth debt to deliver better outcomes for 70+ clients, resulting in $983 million in total enterprise valuation created. Visit www.saas-capital.com to learn more.
Who Is SaaS Capital?
SaaS Capital® is the leading provider of long-term Credit Facilities to SaaS companies.Read More