Radiusa provider of business intelligence tools applied to marketing and oriented to the small business market, has benefited from an investment from the fund BBVA Ventures. The company, based in San Francisco, provides key tools and data on small and medium-sized businesses in the US, helping marketers and sales teams achieve their sales goals. The alliance will allow Radius to explore strategic opportunities in international business. The alliance will allow Radius to explore strategic opportunities in international business.
Why in the SME segment?
Small businesses account for a staggering 99.7% of all employers in the US over the past decade, have created 65% of new jobs and employed more than half of all private sector workers.
With a glut of local data organised on the web, properly searching for small businesses can be overwhelming. Radius helps by analysing and organising the web data of 26 million small businesses in the United States.
BBVA supports new initiatives
"In recent days, we have seen it announced that the financial institution headed by Francisco González will launch two new investment funds with a total of 120 million euros to support new entrepreneurs and companies that are committed to new production models. In addition, for the fifth consecutive year, BBVA is organising Open Talent, the competition for innovative entrepreneurs that seeks and awards up to 100,000 euros to the best projects less than two years old related to technology and the banking sector," said Diego Gutierrez (BBVA's CEO).ABRA INVEST) specialist in corporate finance for SMEs.
