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April 3, 2012 06:55 am GMT

Online Community For Small Businesses Manta Raises $44M From Norwest Venture Partners

mantaManta, an online community dedicated entirely to small business, has raised $44 million in funding from Norwest Venture Partners. This brings the company's total funding to $61 million. With this investment NVPs Jon Kossow and David Su have joined Mantas board of directors, which includes previous investors Athenian Venture Partners and Reservoir Venture Partners.Manta is an online community meets social network for small business owners. The network aims to help these businesses easily gain an online presence, increased visibility with customers and prospects and ultimately increase sales. Owners can create, manage and share an online profile for their business; promote their companies, products and services; as well as build and engage with other businesses on the platform. The company aims to provide these services for businesses who have less than $5,000 in marketing spend.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/q3F4e3sjoII/

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