[October 29, 2014] |
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6Qube Secures $100k in Financing From Lighter Capital in Just 19 Days
AUSTIN, Texas --(Business Wire)--
6Qube,
a leading provider of internet marketing software and services, today
announced that it has secured $100,000 in growth funding from Lighter
Capital in Seattle. 6Qube will use the funding to fuel its sales and
marketing efforts, and make key upgrades to its suite of technology
products.
"This was the first outside funding raised by 6Qube, so it was important
that we get it right," said Jon Aguilar, President and Founder of 6Qube.
"We had several funding paths we were moving toward until we found
Lighter Capital. The revenue-based loan model was a perfect fit for our
business - and the process was extremely fast compared to other business
financing options we had explored."
Since 2009, 6Qube has been developing, testing, and scaling a solution
designed to help all businesses increase online visibility, leads, and
follow-up through its proprietary inbound marketing automation software.
The company's cloud-based software combines marketing automation and
inbound marketinginto a simplified application, built to support a
breath of solutions outside of traditional inbound marketing efforts.
Features such as Multi Site CMS, Multi Site Blogger, Multi Site
Marketing Automation, and Multi Site Social Engine allow companies to
deploy multi-city or metro-centric inbound marketing strategies that can
support multiple locations, dealer channels, franchises or nationwide
products or services. In addition to its Multi-Site technology, 6Qube's
software stack includes an easy to use Website Management CMS, Business
Blogs, Landing Pages, Microsites, Lead Forms, Email Marketing, Call
Tracking, SERP Rankings, Analytics and more.
The debt funding from Lighter Capital - which was secured in a total of
19 days - will enable 6Qube to grow without adversely impacting the
company's cash flow. Lighter Capital's revenue-based financing model is
uniquely structured to match the ebb and flow of small business. Loan
payments adjust in proportion to revenue, and there's no loss of control
or restrictive financial covenants.
"One of the beautiful things about Capital-as-a-Service is that we've
automated the due diligence process, allowing us to utilize digital
assets - like CRM data - to get a more robust picture of the companies
we're looking to fund," said BJ Lackland, CEO of Lighter Capital. "It
tells you things that a company's balance sheet won't - like customer
sentiment. 6Qube shined in this regard as they had extremely strong
customer references. Their customers absolutely love them - which speaks
volumes."
About 6Qube
6Qube is a leader in internet marketing software and services providing
technology before sales to produce results quickly and cost effectively
for businesses of all sizes. Its inbound marketing software allows users
to manage their entire online presence from a single platform with
features that include Website Management CMS, Business Blogs, Landing
Pages, Microsites, Lead Forms, Email Marketing, Call Tracking, Analytics
and much, much more.
6Qube technology is also backed by an extremely talented services team
with expertise that include SEO, Local Internet Marketing, National
Internet Marketing, Pay-Per-Click, Social Media Marketing, eCommerce
Marketing, SEO Website Design & Development, and SEO Copywriting.
About Lighter Capital
Lighter Capital provides $50,000 to $1 million in funding for growing
technology businesses looking to accelerate their sales, marketing or
product development efforts. Lighter Capital's RevenueLoans are more
flexible than traditional loans and equity investments - repayments rise
and fall with a business's revenue, there are no personal guarantees and
no dilution. Through its proprietary underwriting process, which blends
automated analysis with a deep understanding of technology business
models, the company has created a new source of capital for growing
businesses.
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