Data Analysis Startup ActionIQ Secures $ 13 Million

Funding Rounds

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.

$ Funding

$
Amount $1.7M Total raised
Date August 21, 2014 Announcement date
Investors - Lead investors
Company http://www.actioniq.com Funded company

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Data Management

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ActionIQ
$5M to $10M