PlaceIQ Receives $15,000,000 Series C Funding Round

  • Feed Type
  • Date
    2/10/2014
  • Company Name
    PlaceIQ
  • Mailing Address
    115 East 23rd Street 7th Floor New York, NY 10010
  • Company Description
    PlaceIQ is able to take large amounts of often unstructured, unrelated, location based data such as photos, place data, event data, digital and social data (and much, much more) and – through a series of processes of data cleansing, normalization, analysis, and machine learning – extract patterns, trends, intelligence and context from the data.
  • Website
    http://www.placeiq.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The investment from Harmony Partners and Iris Capital will support the ongoing development of PlaceIQ’s patented platform and solutions that deliver high-fidelity mobile audiences to advertisers. Additionally, PlaceIQ will be focusing on the development of a consumer insights product suite and approach to enterprise business intelligence this year.
  • M&A Terms
  • Venture Investor
    Harmony Partners
  • Venture Investor
    Iris Capital
  • Venture Investor
    U.S. Venture Partners
  • Venture Investor
    IA Ventures
  • Venture Investor
    Valhalla Partners
  • Venture Investor
    kbs+ Ventures