Embrace Closes $20M Funding Round
Summary
The round was led by NEA with participation from Greycroft, AV8 (Allianz), and Eniac. The company intends to use the funds to accelerate product innovation. Led by CEO Eric Futoran, Embrace provides a Mobile Experience Engineering solution, which empowers engineers to manage the complexity of mobile to build experiences. They can identify and prioritize the impact of any issues with detailed behavioral and technical context to resolve them instantly. The company, which has grown its customer base 130% year-over-year, counts Discover, Marriott, The New York Times, Yum Brands (Taco Bell), Yahoo!, and other brands as clients in addition to mobile-native businesses like Cameo, GOAT, Hatch, Ibotta, and Wildlife Games.
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