06 05 2016B2B analytics startup Mintigo raises $15 million for growth
Predictive business-to-business analytics startup Mintigo raised $15 million in Series D funding on Tuesday to support growth. Returning investor Sequoia Capital led the round. The company has raised $34 million to date from backers such as Giza Venture Capital and Adams Street Partners.
CEO Jacob Shama co-founded the San Mateo-based company in 2009 to build a cloud-based B2B software platform that enables sales and marketing teams to use data and predictive analytics to increase sales. Mintigo's data pool covers more than 200 million individuals and 15 million companies.
The company saw 700 percent growth in 2015 and has partnered with enterprise customers such as Oracle, Getty Images, Equinix, SolarWinds and Red Hat. Competitors in the B2B analytics space include Leadspace, Infer, 6sense and Lattice Engines. Lattice raised $28 million in Series D funding last June, while Leadspace raised $18 million in Series B funding last July.
Jones Day advised Adams Street Partners in its acquisition, with a team led by partner Timothy Curry. Involved fees earner: Timothy Curry - Jones Day;
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