Data Analysis Startup ActionIQ Secures $ 13 Million
Summary
ActionIQ, a company that helps marketers maneuver big data without writing codes, has announced that it has raised $13 million in funds through a round primarily overseen by Sequoia Capital. New York City-based ActionIQ operates on a SaaS model to help a business connect its various data sources like CRM, email, and clickstream so that they can all be centralized into a solitary analytics dashboard. Finally, leveraging techniques that are proprietary to ActionIQ, queries and segmentation are carried out briskly in lines of those variables. With the ability to scan around 2 billion events within a span of few seconds, scalability and flexibility remain at the helm. ActionIQ will make use of this funding for business development and expansion of its marketing and sales horizons.