KENSHOO Secures Funding from Sequoia Growth Fund

KENSHOO, a Tel-Aviv, Israel-based provider of online demand generation SaaS solutions for the enterprise and local markets, has secured a late-stage round of funding from Sequoia Capital’s Sequoia Growth Fund.

This new funding will enable the company to enter into additional domains such as new social media advertising channels, and enable the development of new technologies such as re-targeting. The investment will also help KENSHOO acquire recruit additional professionals to expand its offerings and deepen its relationships with clients.

The company’s management and optimization platforms, KENSHOO Search and KENSHOO Local, provide advanced automation solutions for advertisers’ online demand generation needs across the largest media channels, including Google, Yahoo, Bing, Facebook, AOL, Baidu, and Yandex.

Built from inception as a global company, KENSHOO now operates from nine locations on four continents, including a recently added office in Sydney, Australia, and has immediate plans for expansion into additional strategic territories.

29/07/2010