201517 Sep

QuanticMind Raises $10.3M in Series A Funding

Summary

QuanticMind (previously known as InsideVault), a Redwood City, CA-based provider of a product to manage and optimize search campaigns, raised $10.3m in Series A funding.The round was led by Safeguard Scientifics, Inc. (NYSE:SFE), which provided $7m in equity.In conjunction with the funding, Mark Mitchell, Principal, Technology at Safeguard, joined QuanticMind’s board of directors.The company intends to use the funds to expand its operational infrastructure with a direct focus on product, engineering, marketing and sales efforts.Marketers can also manage bidding on related display networks, shopping campaigns, and remarketing inventory.

Source: Finsmes

Funding

$10.3M
Amount
Sep 17 2015
Date
-
Investor
QuanticMind
Company

Classifications

Companies