France’s Polar Analytics raises $9M to help eCommerce brands make sense of scattered data

▤ Summary

Paris-based software company Polar Analytics announced that it has secured $9M (€8.1M) in a Series A funding round led by global B2B SaaS investor Point Nine. This round also saw contributions from Polar Analytics’ current investors Frst, angel investors, and some of its customers. The company says the funding will be used to expand the platform’s integrations, support Shopify brands in transitioning to omnichannel commerce and help brands leverage first-party data in the cookie-less world of iOS 14. Polar Analytics also plans to use the funding to hire world-class engineers and product designers to join its team. The company has 30 team members but aims to double that number to 60 within 18 months.

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