Ready For Fall On All Fronts – Closing $22M Financing Round, Fantastic Growth and a New Executive

Ready For Fall On All Fronts – Closing $22M Financing Round, Fantastic Growth and a New Executive


With the last days of summer behind us, it’s time to take stock in our “State Of The State” here at Dynamic Signal. In short, there is a lot of exciting stuff happening.

First, Dynamic Signal is proud to announce Scott Schnaars as VP of Enterprise Sales. With this latest hire, Dynamic Signal has rounded out its best in class senior leadership team. Prior to joining Dynamic Signal, Scott held executive sales and business development roles at WebEx, Yahoo, and Badgeville. You can find out more about Scott here. Welcome, Scott!

In our press release from yesterday, we shared metrics including:

  • 400% year on year growth of new members on the platform;
  • doubling of the number of clients this year, including:
    Humana, Lenovo, Mary Kay, Frost & Sullivan, Rubio’s, Genentech, 3M, Getty Images, Mars, Darden and the US Army;
  • employees advocating on behalf of their brands using Dynamic Signal in over 56 countries on 6 continents, with exponential growth in Asia & Europe.

All this great news and data have us looking towards the end of the year, where we are predicting to reach 7 million shares on the platform.

I truly believe in the next 12 months, the majority of Fortune 1000 and mid-market companies will embrace and use employee advocacy. We have seen strong growth and expansion within our customer base increasing by upwards of 300%, and have are adding many new customers. It’s never been a more exciting time to be here.

Also, we are announcing the closing of a USD $22 million Series C round of financing. The round was led by Rembrandt Venture Partners and includes Venrock, Trinity Ventures, Time Warner Ventures, Cox Enterprises, Signia Ventures, Western Investments Capital, and Katana Capital Partners, among others. This brings the total amount of venture capital the company has raised to over USD $43M million.

The current heat wave here in the Bay Area isn’t keeping us from forging forward into fall.

Post Author

Russ Fradin

Russ Fradin is the co-founder of Dynamic Signal and a digital media industry veteran with more than 15 years' experience in the online marketing world. Russ co-founded and was CEO of Adify (acquired by Cox for $300 million in May 2008) and co-founded SocialShield. He was also SVP of BD at, EVP of Corporate Development at comScore (NASDAQ:SCOR) and was among the first employees at Flycast (acquired by CMGi for $2.3 billion in January 2000). Russ is also an active angel investor in the digital world and is on a number of boards. Russ holds a BS in Economics from The Wharton School, University of Pennsylvania.