Jetlore, a Sunnivale, CA-based provider of CRM and email targeting tools for e-commerce companies, raised a funding round of undisclosed amount.
Backers included Fenox Venture Capital, Alsop Louie Partners, Charles River Ventures and Sierra Ventures.
Jetlore intends to use the capital to expand adoption of its solution.
Founded by Eldar Sadikov and Montse Medina incubated at Stanford University, Jetlore provides advanced CRM and email targeting tools for e-commerce companies. Its NLP and machine learning algorithms process public user data and prior campaign data (on social media services such as Twitter) to build user targeting profiles and find the best user segment for each email promotion in order to increase conversion rates and customer satisfaction.
FinSMEs
30/06/2013