Fluid Inc. said it received $24 million in growth equity from funds managed by Goldman Sachs Asset Management. The investment will allow the San Francisco SaaS-based online ad agency to expand its product suite and drive growth. The company plans to hire 200 employees in the next two years in R&D, sales, marketing, customer support and agency operations.

PRESS RELEASE

Digital commerce innovator Fluid secures $24 million from funds managed by Goldman Sachs Asset Management

Investment will fuel expansion and drive innovation in digital services and customer experience solutions for online retailers

SAN FRANCISCO − Feb. 21, 2012 – Fluid Inc., a leader in digital commerce, today announced it has received a $24 million growth equity investment from funds managed by Goldman Sachs Asset Management. The investment will power the expansion of Fluid’s suite of SaaS-based merchandising solutions, and drive growth and innovation in agency services. The company expects to ...