Simon Data Raises Usd 54 Million For Its Ai-driven Customer Data Platform


Share post:

Simon Data Inc., a startup with a platform that combines the functions of a marketing automation program and an analytics tool, has raised USD 54 million in new funding.

The startup revealed that it had raised the money through a Series D round. Investor Macquarie Capital was the principal one. Polaris,.406 Ventures, and F-Prime were among the numerous returning backers who made contributions.

The platform from Simon Data can combine data from those systems into a solitary, centralized repository. The platform from Simon Data has integrated machine learning models for processing marketing records.

The models can predict customer churn, ascertain the likelihood that a website visitor will make a purchase, and carry out related tasks.

Read More: Simon Data reels in $54M for its AI-powered customer data platform

TalkMartech Bureau
TalkMartech Bureau
TalkMarTech keeps marketing leaders updated with the newest technology innovations, disruptive tech initiatives, and the most relevant MarTech-stack updates and conversations across the globe.   ·.   ·


Please enter your comment!
Please enter your name here


Related articles

Pixalate Introduces Supply Chain Object Post-Bid Verification & Pre-Bid Blocking Technology

Pixalate, the global market-leading ad fraud protection, privacy, and compliance analytics platform, has launched a new Supply Chain...

How is MadTech Changing the Future?

The blend of marketing and advertising tech has created a major effect. As consumers expect compelling and relevant...

Impel Integrates WhatsApp into Its AI-Powered Customer Lifecycle Management, Expanding Omnichannel Reach

Impel, a provider of AI-powered customer lifecycle management, has announced the global launch of WhatsApp as a communication...

PhotoShelter Announces New Integrations with CI HUB to Streamline DAM and Boost Productivity for Marketers

PhotoShelter has announced new integrations with CI HUB, allowing customers to integrate their DAM software with tools such...