ExactTarget, a leading provider of on-demand email and one-to-one marketing solutions, announced today that it has inked a $70 million deal with three venture capital firms that will accelerate the company’s growth and expand its international presence. Led by  Battery Ventures , the round of financing includes investments from Silicon Valley’s  Scale Venture Partners and repeat investment by  Montagu Newhall and will provide  ExactTarget a similar level of funding it sought to raise in its Dec. 2007 unexercised application for an initial public offering.

The round is one of the largest venture capital rounds of investment in the nation this year… More>>