NGDATA raises US$ 19 million to fuel global growth
New York City, USA: 5 December 2017- NGDATA®, the customer experience management solutions company, today announced that it has raised just over US$ 19 million in Series C funding. HPE Growth Capital led the round with participation from existing investors including Idinvest Partners, Pamica, SmartFin Capital, Capricorn Venture Partners and Nausicaa Ventures.
This latest investment comes on the heels of tremendous momentum for the company. In January 2017, NGDATA closed a US$ 9.4 million funding round and experienced record business, customer and product revenue growth. Its May 2017 acquisition of Eccella added valuable data management expertise and expanded the company’s global footprint across North America, Europe and Asia. NGDATA also made significant updates to its next-generation customer data platform, LilyTM, adding new Attribution and out-of-the-box Next Best Experience capabilities to help marketers better use customer data to engage customers more effectively while tracking their marketing efforts more accurately and optimizing marketing spend.
More information on NGDATA’s website.