Daily News: August 29, 2016

Recurring Capital Partners Extends Growth Capital to ion interactive

Recurring Capital Partners (RCP) extended a new credit facility to ion interactive, a SaaS provider of interactive content marketing platforms. The company will use the proceeds of the facility to drive growth by expanding investments in sales, marketing and customer development.

“Recurring Capital was a great fit for ion — giving us access to capital to build on our momentum in the growing interactive content marketing space. They were professional to work with, and the best part is that they really understand the recurring revenue SaaS model and value proposition,” said Justin Talerico, ion’s co-founder and CEO.

Customers like Dell, HP, Nielsen, Salesforce, Dun & Bradstreet, Anthem and hundreds more use ion’s platform to create content. Marketers are empowered to create, launch and test interactive infographics, calculators, assessments, report cards, quizzes, lookbooks, solution finders, interactive landing pages, ebooks, interactive white papers and much more — all without code. They use these interactive experiences to break through competitive clutter to engage, generate and qualify higher quality prospects.

RCP specializes in financing SaaS and other recurring revenue model technology-driven companies. RCP provides straight-forward, non-dilutive debt financing flexibly structured to meet the needs of a growing recurring revenue business.