Mintigo’s clients, which include leading companies such as Oracle, Getty Images, Red Hat and CA Technologies, are renewing their subscriptions with increased values
Mintigo, the leading enterprise AI platform for marketing and sales, has 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 Enterprise-AI technology provider will utilize the new investment to accelerate its growth globally.
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. – Kobi Samboursky, Founder & Managing Partner at Glilot Capital Partners.
Read More:Â ABM Tech Bytes with Tony Yang, Vice President of Demand Generation and Marketing Operations at Mintigo
With the latest round, Mintigo takes its total funding to $44 million since its inception in 2009. The San Mateo-based company currently leverage master data science to revolutionize the way people market and sell. Their Predictive Marketing Platform for enterprise enables insight-driven customer engagement to win and retain customers.
Mintigo Solidifies Position as the Leading Enterprise AI Provider
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.
Customers Include Leading Companies
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 of 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. Â “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.
Mintigo raised $15 million Series D funding from Sequoia Capital in April 3016. The last funding round was hedged on Mintigo’s phenomenal growth in 2015 that saw the company grow by 700%.
What makes Mintigo different from its competitors in martech industry?
Mintigo primarily delivers the Right Data to B2B marketing and sales teams, and that’s what makes the biggest difference when it comes to accessing the data that actually matters. By its own admission, Mintigo helps turn “Data Janitors into Data Scientists”. Mintigo offers Predictive Scoring, ABM and Intelligent Sales Engagement for its customers, apart from delivering the power of AI to Oracle and Marketo users.
With a positive vibe erupting with the latest Series E funding, AI’s proliferation into marketing and sales technologies spells an adventurous journey for CEOs and martech investors in 2017 and beyond. Bravo, Mintigo!
