Customer Intelligence Platform Zeotap Raises Oversubscribed Series C At $42m Following 431% Yoy Revenue Growth
FORMER LEADER OF DATALOGIX AND ORACLE DATA CLOUD ERIC ROZA JOINS BOARD.
New York / Berlin / Bengaluru, 15 July 2020: Customer intelligence platform (CIP) Zeotap announced today an oversubscribed $42 million Series C round following 431% growth in revenue run rate in the previous accounting year. The new funding reflects Zeotap’s achievements in building a leading platform that enables brands to connect and transform their first-party data into actionable customer intelligence in more than a dozen countries. Half the new investment was secured this year; the remainder was raised last year from existing backers. In addition, Eric Roza, former leader of Datalogix and Oracle Data Cloud, has joined Zeotap’s Board of Directors.
“Zeotap is the most important data platform to emerge in years. Unlike legacy data and identity vendors, Zeotap offers a robust, integrated CIP in 8 of the top 10 global markets. I’m thrilled to join the team and confident we’ll become a key partner to virtually every multinational marketer over the coming years,” said Eric Roza, Zeotap’s newest Board Member.
Since its inception in 2014, Zeotap has evolved from a diversified data company to a SaaS-based customer intelligence platform (CIP) that enables companies to better understand their customers and predict behaviors, to invest in more meaningful experiences.
Read the full press release here.