Marketplace G2 Crowd raises $55 mln led by IVP

Chicago-based G2 Crowd, which operates a marketplace for businesses to buy and manage software and services, announced it has raised $55 million in a Series C round of funding. IVP led the round, which included participation from Emergence Capital and returning investor Accel. The latest investment brings the company’s total fundraising to date to $100 million. As part of the financing, Jules Maltz from IVP has joined the board. The company, founded in 2012, also has an office in San Francisco.

Source: Company announcement