Wednesday, November 3, 2010

SurveyMonkey Gets $100M In Debt Financing

Menlo Park-based SurveyMonkey, the provider of web-based surveying software, said today that it has raised $100M in a senior debt financing round. The round was led by Bank of America Merrill Lynch and SunTrust Robinson Humphrey. Other banks in the syndicate included JPMorgan Chase Bank, N.A., Royal Bank of Canada, Webster Bank, N.A. and Zions First National Bank. SurveyMonkey said the new financing will go to retire existing debt, and also other corporate purposes--including future acquisitions.