ERelevance raises $5.1 mln in deal led by Rally Ventures

ERelevance Corp. said it raised $5.1 million in a deal led by Rally Ventures and joined by existing investors Chicago Ventures, Miramar Venture Partners, Martin Investment Holdings and Capital Factory. The company has now raised a total of $13.7 million.

ERelevance said in a press release it ended 2016 with nearly $4 million in annual recurring revenue. It is focused on customer marketing automation.