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Contentsquare Bags USD 190 Million in Series D Round of Financing
Contentsquare can provide accurate insights and AI-powered recommendations for improving digital results across the entire customer journey by integrating the broadest set of data, including content, UX, product, pricing, acquisition channel, and technical performance
Fremont, CA: Experience analytics company Contentsquare secured USD 190 million in a Series D funding round led by BlackRock’s Private Equity Partners team, with participation from existing investors Bpifrance, Eurazeo Growth, Canaan, GPE Hermes, Highland Europe, and, H14 and KKR. The new investment round takes the company's total raised capital to USD 310 million. In addition to the Series D investment round, Sapiance Capital Limited has also provided credit to the company.
"This investment during these uncertain times is a proof of the fantastic job our teams have done," said Jonathan Cherki, Founder and CEO, Contentsquare. "It validates the strength of our vision for the next five years and extends our global leadership in experience analytics at a time when these capabilities are critical to all businesses. We have the ambition to accelerate the world's digital transformation by unlocking a full understanding of online behaviors." Proceeds from the investment round will be used by the company to invest heavily in innovation, including AI-based and predictive analytics, and expand its business across the Americas, Europe, Asia, and the Middle East.
Contentsquare's mission is to empower brands to create better experiences. The company's platform analyzes customer behavior through billions of anonymous web, mobile, and app interactions, in full respect of data privacy laws such as EU GDPR and California CCPA, and transforms this knowledge into intelligent recommendations that increase revenue, engagement, and growth. Contentsquare can provide accurate insights and AI-powered recommendations for improving digital results across the entire customer journey by integrating the broadest set of data, including content, UX, product, pricing, acquisition channel, and technical performance.
"Already a fast-growing market, experience analytics is now a must-have for businesses," said Nathalie von Niederhaeusern from BlackRock. "Contentsquare has unique assets: strong behavioral data and AI algorithms, a deep understanding of digital consumers, a large database of benchmarks, a great leadership team, and R&D depth. With their client roster, they are defining the experience analytics market globally." Nathalie will be joining Contentsquare's Board of Directors as part of the Financing round. This Contentsquare platform is trusted by more than 700 enterprise customers, including 30 percent of the Global Fortune 100 and industry powerhouses such as American Express, Best Buy, Dell, Ikea, LVMH, T-Mobile, Salesforce, Sephora, and Toyota.
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