Waltham, Mass. - ClickSquared, a developer of interactive marketing services, has raised $11 million in its second round of venture capital, which was led by JMI Equity, ABS Ventures and Flybridge.

ClickSquared also said that it has promoted long-time COO Wayne Townsend to the role of CEO, replacing Andrew Frawley.

The Waltham, Mass.-based company develops acquisition, growth and loyalty programs aimed at building brands.

Clients include Ararmark, the Boston Celtics, Dr. Pepper/7-Up, Greyhound and Sirius XM.

Related Links:
http://www.clicksquared.com/events/press.aspx