7Summits Completes Additional Growth Equity Financing

7Summits Receives Second Round Of Equity Funding To Extend Leadership Position In Social Community Space

7Summits, the leading online community solution provider, today announced that the company has completed an additional equity financing which will provide further financial resources to fund the company’s aggressive growth plans.

“This additional funding demonstrates confidence by our investors in our ability to deliver value to our customers and extend our leadership position in the social community space,” said Paul Stillmank, CEO of 7Summits. “I am excited to see a second investment from Salesforce.com as part of this financing round. Salesforce Ventures seldom participates in more than one round of funding, so this second infusion of capital from them is a true testimony to what we are doing here and the success that we can deliver on the Salesforce.com community platform. We expect to see significant growth opportunities for our customers as they partner with 7Summits to drive increased business value through the creation of energized experiences built on social communities.”

This additional funding demonstrates confidence by our investors in our ability to deliver value to our customers and extend our leadership position in the social community space.

-Paul Stillmank, CEO and Founder of 7Summits.

“Following on the heels of their strong growth in the Salesforce.com Community Cloud, this capital raise provides 7Summits with the financial resources necessary to further accelerate in the market,” said Jordan Richards, Managing Director, Sverica Capital Management. “7Summits’ approach to providing scalable business value to customers is enabling online community marketplaces to continue to thrive.”

About 7Summits

7Summits is a Milwaukee-based digital solutions provider that uses the power of connected experiences and the Salesforce platform to unlock business value. Our clients benefit from the fact that community-led solutions empower customers, enable partners and unleash employees to build your business for you. Our highly collaborative approach strengthens client solutions by combining the expertise of strategic consultants, experience designers, technical developers and success specialists. And, our client solutions launch faster thanks to our Accelerator Library of configurable Salesforce Lightning applications. 7Summits is a platinum-level Salesforce Consulting Partner, a two-time recipient of Salesforce Venture funding, and recognized annually for its rapid growth and as a best place to work. For more information, visit www.7SummitsInc.com

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