MindBody Banks $35 Million for Small-Biz SaaS

MindBody raised $35 million in venture funding, the company announced Thursday morning, in a round led by Institutional Venture Partners. Catalyst Investors and Bessemer Venture Partners, two existing investors in the company, also participated in the round. Founded in 2001, MindBody sells client management software to health and wellness industry clients, serving 20,000 clients across more than 80 countries. The company has raised upward of $23 million to date.