Muck Rack, the digital database of journalists, has raised $180m in funding from Susquehanna Growth Equity.
Chief executive Gregory Galant said the investment indicates Muck Rack has a “bright future as we drive toward our mission to enable organisations to build trust, tell their stories and demonstrate the unique value of earned media”.
The company, unveiling its first external investment since being founded in 2009, said its revenues grew 300% between 2018 and 2021.
The company, which describes itself as a public relations management platform, has quadrupled its staff over the past three years and now has 200 employees.
Josh Elser, managing director at SGE, said: “Every PR professional should be using Muck Rack.”
Source: Press release
Deal size: $180m
Country: US
Status: Official
Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog