Mintigo Announces $10 Million in New Funding Led by Glilot Capital Partners
The leader in AI for Marketing and Sales will use the funds to accelerate growth globally.
SAN MATEO, Calif., May 15, 2017 /PRNewswire/ -- Mintigo, the leading enterprise AI platform for marketing and sales, today announced that it has raised an investment round of $10 million from Glilot Capital Partners, a leading venture capital fund and the third best performing fund in the world in vintage years 2010-2013 (according to Preqin), Sequoia Capital IL, Adams Street Partners, Giza Venture Capital, Maverick Ventures and Vintage Investment Partners also participated in this investment round. The new investment will be used to accelerate Mintigo's growth globally.
Mintigo's unique technology enables B2B organizations to identify the prospects most likely to buy as well as provides the best insights to marketing and sales teams on how they can intelligently engage with them. The company has the deepest B2B database in the industry and continuously collects over 3,000 data points on over 50 million companies and 200 million professional worldwide. By using artificial intelligence technology and predictive analytics, Mintigo helps enterprises understand their ideal customer profile so that they can target those most likely to buy their products or services.
Many of Mintigo's clients, which include leading companies such as Oracle, Getty Images, Red Hat and CA Technologies, are renewing their subscriptions with increased values. Along with the increasing market adoption for predictive and AI technologies in recent years, this highlights Mintigo's momentum and growth as well as solidifying its position as the leader in this space.
"Our new partnership with Glilot Capital Partners will help us accelerate our growth and widen our penetration into the enterprise market," says Jacob Shama, CEO and co-founder of Mintigo. "We've seen amazing results in the past year and we'll use this investment to move our business forward full throttle."
"In the recent years, Mintigo was able to prove that artificial intelligence is much more than just a slogan," said Kobi Samboursky, Founder & Managing Partner at Glilot Capital Partners. "Artificial intelligence can dramatically improve the bottom line of leading businesses in multiple categories. Mintigo's list of big happy customers proves the superiority of its technology. We are proud to join the winning team of Mintigo."
About Mintigo
Mintigo delivers intelligent customer engagement powered by predictive analytics and AI for enterprise marketing and sales. Mintigo's predictive marketing and sales platform powered by AI helps enterprise marketing and sales teams use data and intelligence to find buyers faster. Enterprise companies including Oracle, Getty Images, Red Hat, Insight, CA, Workfront, Equinix, SolarWinds, Time Warner Cable and Neustar work with Mintigo to transform their marketing automation and sales processes. To learn more, please visit www.mintigo.com.
SOURCE Mintigo
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