NGDATA Raises $19 Million to Fuel Global Growth

Funding Rounds

▤ Summary

NEW YORK--(BUSINESS WIRE)--NGDATA®, the customer experience management solutions company, today announced that it has raised just over $19 million in Series C funding. In January 2017, NGDATA closed a $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. The funds will primarily be used to further accelerate global growth and to continue to build out NGDATA’s vision to be the best partner for digital transformation, ecosystem investment and enhancing customer centricity in organizations. It eliminates organizational, system and data roadblocks, enabling large companies in data-driven industries (e.g. financial services, telecom, utilities, hospitality, etc.)

$ Funding

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Amount $19.0M Total raised
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Date December 5, 2017 Announcement date
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Investors Idinvest Partners, Nausicaa Ventures, HPE Growth Capital, NGDATA, SmartFin Capital Lead investors
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Company http://www.ngdata.com Funded company

▥ Classifications

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applications
Business Intelligence

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Labels
Customer Analytics Software Customer Engagement Platform AI Software

▦ Linked Companies

NGDATA
$10M to $25M