SEOmoz, the SEO toolset company, has announced they have successfully raised another $18 million in venture capital from Foundry Group and Ignition Partners.

Foundry Group put in $15 million and Ignition Partners put in $3 million.

Co-founder and CEO of SEOmoz, Rand Fishkin detailed the financials, growth, future plans and management changes of SEOmoz. One big change for the SEO industry is that Rand’s mother and co-founder Gillian Muessig is stepping down from the board of directors and resigning her title of President.

Here is the slide deck they shared:

For more details see Rand’s blog post at SEOmoz.

Image credit to ShutterStock.

Related Topics: Channel: Industry | SEM Industry: Acquisitions | SEM Industry: General

About The Author: Barry Schwartz is Search Engine Land's News Editor and owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here. For more background information on Barry, see his full bio over here. See more articles by Barry Schwartz

Connect with the author via: Email | Twitter | Google+ | LinkedIn