Radius (software company)

Radius is a software company that provides a marketing platform for targeting small businesses.[1] The company tracks and collects information from hundreds of thousands of sources about more than 25 million small businesses in the United States.[2][3] The company has publicly stated it plans to build products that are directly competitive with Dun & Bradstreet.[4]

Radius
Type of businessPrivate
Type of site
SaaS
Available inEnglish
Founded2009
Headquarters
San Francisco, California
,
United States
Founder(s)Darian Shirazi, Adrian Druzgalski, Noah Hayes
IndustryEnterprise software
URLradius.com
Current statusActive

History

Founded in 2009, Radius started out as purely a data company focused on aggregating location data and in April 2012 launched publicly.[5]

By 2014, Radius has been funded by American Express, BlueRun Ventures, and Formation 8. The company has publicly announced three rounds of funding: $6.75 million for the seed round, $12.4 million for the Series A round,[6] and $13 million for the Series B round.[7]

On July 29, 2015, Radius announced a $50 million investment (Series C) by Founders Fund, AME Cloud Ventures, Formation 8, and Salesforce Ventures.[8][9]

In May 2018, the company announced its intention to merge with Leadspace.[10] In September 2019, Kabbage announced that it acquired Radius.[11]

Darian Shirazi

Darian Shirazi (Persian: داریان شیرازی‎, born December 23, 1986) is the main founder of Radius.[12][13][14][15][16][17][18] At age 19, he became the first intern hired by Facebook.[19][20][21][22] He is related to Dara and Hassan Khosrowshahi.[23]

References
  1. Brent Leary "Radius Intelligence: Interview with Founder, CEO Darian Shirazi", “Small Business Trends”, May 5, 2012.
  2. Victoria Barret "Radius: How Facebook's Youngest Hire is Tackling The Local Data Problem", “Forbes”, April 24, 2012.
  3. Kate Freeman "Social Media Savvy Small Businesses [INFOGRAPHIC]’ ", “Mashable”, June 27, 2012.
  4. Cory Johnson "Radius CEO on Strategy", "Bloomberg"
  5. Kim-Mai Cutler "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses", "Techcrunch", April 24, 2012
  6. Humayun Khan "Radius Adds $12.4MM from American Express to Scale SMB Sales Intelligence Platform", "Betakit", January 23, 2013 Archived January 27, 2013, at the Wayback Machine
  7. Yuliya Chernova "With Backing From Palantir Co-Founder, Radius Goes After Small-Business Info Goliath D&B", "The Wall Street Journal", January 9, 2014
  8. Business Insider (29 Jul 2015). "Facebook's first intern just landed $50 million from Peter Thiel and other investors". Yahoo Finance. Retrieved 29 Jul 2015.
  9. "Radius Closes $50MM Investment, Led By Founders Fund, To Meet Surging Demand for Predictive Platform".
  10. "Here's why Radius and Leadspace decided to combine". MarTech Today. 2018-05-01. Retrieved 2019-08-17.
  11. https://techcrunch.com/2019/09/03/kabbage-acquires-radius-intelligence/
  12. Brent Leary (May 4, 2012). "Founder of Radius Intelligence, Darian Shirazi: Sales Intelligence Comes to Small Business". Small Business Trends. Retrieved January 28, 2014.
  13. Jason Ankeny. "A Facebook Alum Builds an Intelligent Sales Platform". Entrepreneur. Retrieved January 28, 2014.
  14. Kim-Mai Cutler (April 24, 2012). "Fwix Becomes Radius, A Tool For Salespeople Targeting Local Businesses". TechCrunch. Retrieved January 28, 2014.
  15. Victoria Barret (April 24, 2012). "Radius: How Facebook's Youngest Hire Is Tackling The Local Data Problem". Forbes. Retrieved January 28, 2014.
  16. Kate Freeman (June 27, 2012). "States With the Most Social Small Businesses". Mashable. Retrieved January 28, 2014.
  17. Adrienne Burke (January 25, 2013). "A "big data" company helps small businesses target sales". Yahoo! Small Business Advisor. Retrieved January 28, 2014.
  18. Tim Gallen (April 12, 2013). "Phoenix small businesses among most Web-savvy in the country". Phoenix Business Journal. Retrieved January 28, 2014.
  19. Rebecca Grant (January 23, 2013). "Facebook's first intern leads small-business revolution". VentureBeat. Retrieved January 28, 2014.
  20. Leena Rao (January 23, 2013). "Local Business Sales Intelligence Platform Radius Raises $12.4M From American Express And Others". TechCrunch. Retrieved January 28, 2014.
  21. Owen Thomas (January 23, 2013). "Facebook's First Intern Has A Startup That American Express Invested Millions In". Business Insider. Retrieved January 28, 2014.
  22. Krystal Peak (May 20, 2011). "Location, location, location". San Francisco Business Journal. Retrieved January 28, 2014.
  23. Hackett, Robert (November 17, 2017). "Uber's CEO Comes From What May Be the World's Most Techie Family". Fortune.
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