TrustRadius Raises $5.5 Million

Software startup TrustRadius announced the completion of $5.5 million in Series B financing, led by LiveOak Venture Partners with participation from Mayfield Fund.

TrustRadius is a review platform for business technology that seeks to help buyers make confident decisions. The company provides in-depth reviews and ratings from real users, and it helps vendors engage and convert buyers by putting their customer’s voices to work. TrustRadius’ clients include Marketo, startup TrendKite and Oracle.

In its announcement, the company said TrustRadius plans to use the new funding to increase its investment in product development and go-to-market, while tripling headcount in the next 24 months.