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Guru Tech raises $25M to hire software engineers

The company's software helps keep its clients' data and other information current.

Guru has raised another $25 million
Guru has raised another $25 millionRead moreGuru (custom credit)

Guru Technologies Inc., the Center City browser-extension maker with many tech-forward clients, has raised $25 million from Josh Kushner (brother of President Trump son-in-law Jared)’s Thrive Capital and previous investors FirstMark and Emergence Capital.

Guru, which counts tech-forward companies as clients including Spotify, Square, BuzzFeed, Glossier, and Intercom, plans to use the money boosting its current staff of 100 Philly- and San Francisco-based engineers. “The funding will invest in the business and grow the team. Most will go toward engineering,” cofounder Rick Nucci said Wednesday.

Guru collects clients’ tech support, sales, and other basic data systems; sends automatic verification inquiries to keep the company data and other information current; and “brings the knowledge to where you are working — into your email, for example — so using it is a natural experience, you don’t need a separate login or database search," Nucci said.

“We work with, typically, fast-growing companies who are scaling their businesses across a couple of sectors,” he added. “Knowledge becomes a critical need for them to grow fast and ensure their companies are on the same page.”

Nucci, who serves as Guru’s chief executive, cofounded the firm with Mitch Stewart (now Guru’s chief technology officer) after the pair left Berwyn-based Boomi following its acquisition by Dell Computer Corp. in 2016. Boomi was also backed by FirstMark; Michael Dell, Dell Computer’s founder, is also an investor in Guru. The company raised $9.3 million in a previous offering last year.