LeadCloud raises $1 mln in Series A funding
Summary
Launched in January of 2013, LeadCloud (www.LeadCloud.us) has made tremendous progress in its first year and a half and is now one of the market leaders for integration platforms in the insurance industry. In addition to this technical hurdle, transparency into the data and the ability to manage and optimize the entire lead life cycle in real time has been difficult because it often involved disparate tools and services. This integration platform is combined with a suite of .NET applications for customized optimization, distribution, and management of both purchased and internally generated data leads and clicks. “We are very excited by the launch of this new service,” said Brian Ocheltree, LeadCloud CEO, “as it represents not only a robust solution to a growing problem in the insurance industry but also a good example of how our investment in our robust platform can be furthered leveraged by quickly and seamlessly solving additional pain points for advertisers.” The LeadCloud team has built more than 250 custom partner integrations to date and has more than 50 advertisers using the platform so far. Headquartered in Ellicott City, Md., LeadCloud is currently active in the insurance, mortgage, education, and home services industries.
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