HomefundingKontagent Closes $12M Series B Financing

Kontagent Closes $12M Series B Financing

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Kontagent, a San Francisco, CA-based enterprise user analytics company, has closed $12m in Series B financing.

The round was led by Battery Ventures, with continued participation from Maverick Capital and Altos Ventures.

The company intends to use the funds for R&D to continue its product innovation and rapid expansion into broader markets, including mobile and Web environments. Kontagent will also invest in building products and features that provide sophisticated data mining and predictive analytics capabilities.

In conjunction with the funding, Roger Lee, General Partner at Battery Ventures, will join the company’s Board of Directors.

Founded in 2007 and led by CEO Jeff Tseng, Kontagent Kontagent offers an on-demand user analytics platform for developers, marketers, product managers and strategic partners across the social and mobile Web.
Clients include EA, Warner Brothers, Popcap, Ubisoft, Gaia, A&E and others.

The company operates additional offices in Toronto and London.

FinSMEs

10/11/2011

Related News:
30/06/2010: Kontagent Raises over $4M

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