Passenger Raises Inside Round

Passenger, a Los Angeles-based provider of on-demand customer collaboration solutions, has raised $8 million in Series C funding. StarVest Partners led the round, and was joined bv fellow return backers Steamboat Ventures and Shelter Capital Partner. The company has now raised $20.5 million in total VC funding.

PRESS RELEASE

Passenger, the leader in on-demand customer collaboration, today announced its series C funding of $8 million, led by existing investor StarVest Partners, a venture capital firm with key investments in technology-enabled business services. Larry Bettino, general partner of StarVest Partners will join Passenger's Board of Directors. All previous investors also participated in this round including Shelter Capital Partners and Steamboat Ventures. The latest round will bring Passenger's funding to $20.5 million.

The funding signifies a strong vote of confidence in Passenger's solution which combines its pre-eminent, Software-as-a-service (SaaS) platform with its strategic consulting services, enabling many of the world's most innovative brands to collaborate with its key customers to design better customer experiences. The funds will allow the company to solidify its position as the defining leader in this space while also fueling international expansion.

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