Extend Raises $40M in Series B Funding
Extend, a San Francisco, CA-based provider of modern product protection, raised $40m in Series B funding. The company intends to use the funds to continue to develop its extended warranty platform, build new features, and further expand its software development and sales teams. The solution enables protection plan sales online, in call centers, through email, with in-box offers, in-store, and more. Extended warranties provide merchants with a new revenue stream and give customers greater peace of mind when making purchase decisions. Extend enables these merchants to offer customers an up-leveled extended warranty experience, while also increasing their margins and bottom-line profit.