Keyword research software company Wordstream said it secured $6m (USD) worth of funding in series B preferred stock from new investor Egan-Managed Capital and existing investor Sigma + Partners.
Wordstream, whose software are the only SEO tools carried on Google Analytics’ newly launched 38 apps gallery, said it would “use the funding for continued growth and expansion of its search marketing tools for search engine optimization (SEO) and pay-per-click (PPC) advertising.”
As part of the deal, Egan-Managed Capital Partner, Frank Andrasco, was appointed to WordStream’s board of directors.
WordStream also features as Editor’s Pick on Google Analytics.