Sigstr, an e-mail marketing startup based in Indianapolis, says it has raised $5 million in Series A funding.
The investment was led by Hyde Park Venture Partners, which was joined by HubSpot (NYSE: HUBS), Battery Ventures, Grand Ventures, and High Alpha Capital. Investors have pumped a total of $7 million into Sigstr, a company spokeswoman says in an e-mail to Xconomy.
High Alpha Capital is the venture fund affiliated with High Alpha Studio, which creates and helps build enterprise cloud software companies. High Alpha’s founders include three former executives at ExactTarget, the Indy-based marketing software company sold to Salesforce for $2.5 billion in 2013.
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