Content Management Company Seismic Receives $4.5M in VC FundingFriday, August 16, 2013
Encinitas-based technology company Seismic received $4.5 million in venture capital, the company said.
Seismic offers content management technology called LiveDoc.
It plans to use the funds to increase staff. VC firm Sigma West of San Francisco led the Series A financing round.
Seismic’s customers use its cloud-based platform to access a library of branded, data-rich materials such as graphics, proposals, sales decks and reports. Business professionals can use Seismic’s technology to tap into their company’s approved brand collateral and business assets to create customized materials with the most up-to-date content and real-time data.
Officials with the Encinitas company said they want to expand in their target markets, which are financial services and insurance. The firm also wants to invest more in product development.
Seismic said it doubled revenue last year and is on track to do the same this year.
— SDBJ Staff Report