|[April 17, 2014]
AgilOne Closes $25 Million Funding Round to Fuel Global Expansion
MOUNTAIN VIEW, Calif. --(Business Wire)--
the cloud-based predictive marketing company, today announced that it
has closed a $25 million Series C investment round. Tenaya Capital led
the funding round with participation from Next World Capital and Four
Rivers Group and existing investors, Sequoia Capital (News - Alert) and Mayfield Fund.
AgilOne will use the funds to expand sales and marketing operations and
further develop its international footprint.
In support of the funding effort, Tenaya Capital's Managing Director,
Tom Banahan, also joined the AgilOne board of directors. Banahan said,
"We believe in AgilOne's mission to drive businesses to become more
successful through predictive marketing. By marketing smarter,
businesses can create long-lasting customer relationships that will pay
dividends, and marketers continue to get more and more hungry for
predictive analytics technology."
Due to increasing demand for the AgilOne platform, the company
experienced a record year in 2013. The latest customers to partner with
AgilOne to grow revenue with predictive marketing include Café Britt,
Deckers Outdoor Corporation, Dot & Bo Inc., Lafayette 148 NY, Liberty
Retail Ltd, Roots Canada and Tiger Direct.
"Predictive marketing is the only easy way to do precise customer
targeting and deliver personalized experiences to every consumer," said
Omer Artun, founder and CEO of AgilOne. "Our growth over the last year
has been tremendous, and we've only scratched the surface. Our latest
funding round will allow us to take the company to the next level, and
we are very fortunate to have top investors by our side that have strong
domain expertise and support our mission."
In addition to the news regarding AgilOne's funding round, the company
that it will host its Data-Driven
Marketing Virtual Summit on May 9, 2014 from 9 a.m. - 5 p.m. Pacific
Time. For more information on the summit, visit the event web site and register
for free today.
AgilOne is a cloud-based predictive marketing platform. It is used by
brands including Shazam (News - Alert), Sports Authority, Moosejaw and shopPBS.org.
AgilOne helps marketers connect with the individual in every customer.
AgilOne prescribes exactly the right marketing offer, makes each
relationship more profitable, and simplifies the science of marketing.
Based on a data-scientist approach, AgilOne makes big customer data
clean and smart. Then, AgilOne recommends what immediate actions to take
to increase revenue. AgilOne is based in Mountain View, CA (News - Alert) and is
venture-funded by Sequoia Capital, Mayfield Fund, Tenaya Capital, Next
World Capital and Four Rivers Group. The company has been featured in
well-respected publications and news programs including CNN,
Marketing UK. For more information, please visit http://www.agilone.com.
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