# Demandbase funding: rounds and investors > Demandbase has raised $158M across 7 rounds since 2008. Investors include Altos Ventures, Adobe Systems and Scale Venture Partners. Every round with its source. Source: https://millionrounds.com/company/demandbase (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Demandbase* 7 rounds we have observed, with the 17 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Advertising & Adtech Martech Funding summary Updated 26 Oct 2026 **$158M** raised across 7 rounds since 2008, from 7 sources **$8.0M** Series B **$10M** Series C **$15M** Series D **$15M** Series E **$15M** Series F **$30M** Series G **$65M** Round - **Latest round:** Round, $65M May 2017 - **Step-up i:** 2.2× - **Investors:** 17 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2010 2012 2014 2016 **$8.0M** Series B **$10M** Series C **$15M** Series D **$15M** Series E **$15M** Series F **$30M** Series G **$65M** Round - **First round:** Series B, $8.0M - **Biggest round:** $65M - **Usual gap between rounds:** 22 months ## The rounds - **May 2017** Round **$65M** *6 new* *1 returning* [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) [Adobe](https://millionrounds.com/fund/adobe) [Altos](https://millionrounds.com/fund/altos) [SIGMA](https://millionrounds.com/fund/sigma) Greenspring Sageview Capital/ Silver Lake Waterman Reported by FinSMEs SEC filing: $25M sold, first sale May 2017 - **Jul 2015** Series G **$30M** *3 new* *5 returning* [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Greenspring Associates](https://millionrounds.com/fund/greenspring-associates) [Jackson Square Ventures](https://millionrounds.com/fund/jackson-square-ventures) [Sageview Capital](https://millionrounds.com/fund/sageview-capital) [Adobe Systems](https://millionrounds.com/fund/adobe-systems) Salesforce.com From a historical funding record SEC filing: $30M sold, first sale Jul 2015 - **Oct 2014** Series F **$15M** *2 new* *4 returning* [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Greenspring Associates](https://millionrounds.com/fund/greenspring-associates) [Adobe Systems](https://millionrounds.com/fund/adobe-systems) From a historical funding record - **Mar 2014** Series E **$15M** No investor was named in the report. From a historical funding record SEC filing: $15M sold, first sale Mar 2014 - **Mar 2013** Series D **$15M** *2 new* *4 returning* [Sigma Partners](https://millionrounds.com/fund/sigma-partners) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Adobe Systems](https://millionrounds.com/fund/adobe-systems) Reported by techcrunch.com SEC filing: $14M sold, first sale Mar 2013 - **May 2011** Series C **$10M** *1 new* *3 returning* [Sigma Partners](https://millionrounds.com/fund/sigma-partners) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) [Adobe Systems](https://millionrounds.com/fund/adobe-systems) Reported by techcrunch.com - **Aug 2008** Series B **$8.0M** *3 new* [Sigma Partners](https://millionrounds.com/fund/sigma-partners) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Adobe Systems](https://millionrounds.com/fund/adobe-systems) Reported by techcrunch.com ## Founders and team From Demandbase's own website and the SEC filings it signed: 2 founders, 9 on the team. **Bob Spinner** Founding Partner & Managing Director **Chris Golec** Founder - **Gabe Rogol** CEO - **Emily Weigand** Chief Financial Officer - **Greg Philiotis** Chief Revenue Officer - **Rachel Truair** Chief Marketing Officer - **Shanah Zamost** Chief People Officer - **Anthony Lee** General Partner - **Bryan Morris** Executive Officer i - **Christopher Golec** Executive Officer, Director i - **Stacey Bishop** Partner On the board, as filed i *David Karnstedt* *Edward Gilhuly* *Robert Spinner* *Steven Klei* Advisers *Steve Klei* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2008 **Series C** 2011 **Series D** 2013 **Series E** 2014 **Series F** 2014 **Series G** 2015 **Round** 2017 [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Adobe Systems](https://millionrounds.com/fund/adobe-systems) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [Sigma Partners](https://millionrounds.com/fund/sigma-partners) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) [Greenspring Associates](https://millionrounds.com/fund/greenspring-associates) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) [Jackson Square Ventures](https://millionrounds.com/fund/jackson-square-ventures) ## Everyone who backed them [Altos Ventures](https://millionrounds.com/fund/altos-ventures) VC firm **5** rounds [Adobe Systems](https://millionrounds.com/fund/adobe-systems) VC firm **5** rounds [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) VC firm **4** rounds [Sigma Partners](https://millionrounds.com/fund/sigma-partners) VC firm **3** rounds [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) VC firm **3** rounds [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) VC firm **2** rounds [Greenspring Associates](https://millionrounds.com/fund/greenspring-associates) Private equity **2** rounds [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round [Split Rock Partners](https://millionrounds.com/fund/split-rock-partners) VC firm **1** round [Jackson Square Ventures](https://millionrounds.com/fund/jackson-square-ventures) VC firm **1** round [Adobe](https://millionrounds.com/fund/adobe) Company **1** round [Sageview Capital](https://millionrounds.com/fund/sageview-capital) Growth equity **1** round [Altos](https://millionrounds.com/fund/altos) Growth equity **1** round [SIGMA](https://millionrounds.com/fund/sigma) Advisor **1** round Greenspring no record of our own yet **1** round Sageview Capital/ Silver Lake Waterman no record of our own yet **1** round Salesforce.com no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=demandbase). ## Also claim to have backed them These 7 firms list Demandbase as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Storm Ventures](https://millionrounds.com/fund/storm-ventures) VC firm Per its own site [Rembrandt Venture Partners](https://millionrounds.com/fund/rembrandt-venture-partners) VC firm Per its own site [Big Sky Partners](https://millionrounds.com/fund/big-sky-partners) VC firm Per its own site [Spring Lake Equity Partners](https://millionrounds.com/fund/spring-lake-equity-partners) Private equity Per its own site [Beedie Capital](https://millionrounds.com/fund/beedie-capital) Private equity Per its own site [Novirian Capital](https://millionrounds.com/fund/novirian-capital) Private equity Per its own site [Spring Lake Equity Partners](https://millionrounds.com/fund/spring-lake-equity-partners-2) Investment firm Per its own site ## Quick answers about Demandbase ### Who invested in Demandbase? Demandbase's investors include Altos Ventures, Adobe Systems, Scale Venture Partners, Sigma Partners and Costanoa Ventures, and 12 more on record. ### How much has Demandbase raised? Demandbase has raised $158M across 7 rounds since 2008. ### When did Demandbase last raise? Demandbase's most recent round was an Undisclosed round of $65M in May 2017. ### What was Demandbase's biggest round? Its most recent round, $65M in May 2017, is also its largest on record. ### Who backed Demandbase first? Demandbase's first round on record, in Aug 2008, was backed by Sigma Partners, Altos Ventures and Adobe Systems. ### What stage is Demandbase at? Demandbase's latest named round is an Undisclosed round, in May 2017. ### Where is Demandbase based? Demandbase is based in the United States. ## Companies like Demandbase In the same sector, and raised in the last eighteen months. [**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**OuterSignal** $22M · Sept 2026](https://millionrounds.com/company/outersignal)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app