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PipelineDeals raised $1M in Series A funding right before the new year

The cloud-based CRM software company has two other bits of news, too.

The PipelineDeals team at a company retreat in Jackson Hole, Wyo., June 2014. (Courtesy of PipelineDeals)

Big things are happening at the Wayne, Pa.-based PipelineDeals in 2015.
The customer relationship management software company (which also has an office in Seattle) recently completed $1 million in Series A investment, with backing from notable angel investors Mike Galgon and Geoff Entress. The new funds will go towards the company’s staff of 25 employees and the development of new resources.
That could include support for a web app the company released out of beta this past August. The app, called Perform.io, is designed to make managing performance reviews easier, more effective and more dynamic.
Though it’s staffed separately from its parent company, Perform.io was developed by the same team and shares the same resources as PipelineDeals. (Cool sidebar: one PipelineDeals engineer wrote a book on creating a Ruby Gem last year.)
The performance review app caters to a “totally different market than the CRM world of PipelineDeals,” said Product Design Lead Jody Ferry via email. “The intended audience is anyone who is a manager of people.” According to Ferry, the majority of Perform.io’s customers are tech companies (Bitcoin wallet Blockchain being one).
It’s also worth noting that as of this week, PipelineDeals has become a Google Apps Premier Technology Partner, which entails a much more intimate relationship with Google Apps and wider access to their resources.

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