San Francisco-based management information systems company Fast Forward has secured $5 million in a corporate round, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on July 2 and led by Google.org.
According to its Crunchbase profile, "Fast Forward looks for product-driven nonprofits that leverage open-source software, always-connected mobile devices, open APIs, and inexpensive variable cost web infrastructure to solve education, environmental, health, and human rights issues. Fast Forward then provides financial and human capital to help scale these technology solutions and maximize impact."
The six-year-old company has raised two previous funding rounds, including a $2.2 million round in 2017.
The round brings total funding raised by San Francisco companies in information technology over the past month to $448 million, an increase of $177 million from the month before. The local information technology industry has produced 284 funding rounds over the past year, capturing a total of $5.6 billion in venture funding.
In other local funding news, sales automation company Sendoso announced a corporate round on June 20, financed by Stage 2 Capital.
According to Crunchbase, "Sendoso helps companies accelerate sales and retain customers with gifts and rewards. Sendoso’s cloud-based gifting platform centralizes all gifting outreach touches and gives companies the ability to send eGifts for coffee, lunch, tickets, wine, rides, swag, Visa/Amex cards, handwritten notes, experiences, sales kits and custom gifts. Sendoso automates delivery/fulfillment, simplifies ROI reporting, intelligently suggests recipients and includes seamless integrations into Salesforce, SurveyMonkey, Marketo, Eloqua, HubSpot, Pardot and many others."
Founded in 2016, the company has raised two previous rounds, including a $10 million Series A round earlier this year.
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