How San Francisco-based ClearSlide Landed $28M in Venture Capital from Bessemer Venture Partners

Venture Capital Happy Hour, September 4, 6PM, Will Bring Together Venture Capitalists, Angel Investors, Seeders, Entrepreneurs, Technologists and Visionaries for an Evening of Networking and Cocktails in New York City
Aug. 29, 2012 - PRLog -- As reported by Peter Delevett from Mercury News, Al Lieb founded ClearSlide to help companies close more deals. He's not doing too bad himself. On Wednesday, the San Francisco startup will announce a $28 million funding round led by Bessemer Venture Partners. It's ClearSlide's second big infusion of venture capital in the past 11 months. What were ClearSlide’s key of success? To know the answers, join Venture Capital Happy Hour (http://www.VCHappyHour.com), on Tuesday September 4, 6:00pm, by R. Adam Smith, Founder & CEO, Circle Peak Capital.

ClearSlide offers corporate sales teams a cloud-based platform to communicate with their customers and prospects in-person, on the phone or via email. Lieb, who previously co-founded Evite, calls his new company an alternative to PowerPoint and Web conferencing tools such as GoToMeeting.

Sales teams can upload slide presentations, videos and other collateral to the platform, which also helps analyze data on which content proves most effective with customers.

ClearSlide, whose customers include CareerBuilder, Expedia and The Weather Channel, last September announced its first round of venture capital, an $11 million haul led by Greylock Partners and Felicis Ventures. Both firms participated in the latest round as well.

Lieb, in a statement, said the new funding will let him ramp up hiring and open new offices. "We see a huge opportunity before us," he said.

R. Adam Smith is an experienced investor and advisor to small and middle market private companies, with approximately 20 years of experience in private equity and mergers & acquisitions at leading private investment and advisory institutions, including Caxton-Iseman Capital, Castle Harlan, Inc., Salomon Brothers and Lehman Brothers. Prior to forming Circle Peak, Mr. Smith served in principal capacities at two leading private equity firms based in New York City, Caxton-Iseman Capital LLC and Castle Harlan, Inc., each with over $2 billion in managed equity capital. At these firms, he worked directly with senior management teams and institutional limited partners, co-investors, and lenders in the acquisition and growth of $25 million to $1 billion companies in food, beverage, restaurant, distribution, industrial, and asset management sectors. Mr. Smith has been involved in control-stake private investments collectively representing approximately $1.5 billion in sales, $200 million in EBITDA, and $400 million in equity commitments.

Venture Capital Happy Hour, featured in The New York Times, is produced by Golden Networking, the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net
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