Sign In
NewsRadar

The race for customer engagement: iAdvize raises 14 million

22 September 2015 13:39
By Tornado Staff

Venture capital investment in European software companies that provide insight into customer behavior, whether to achieve their retention, conversion and/or to engage with them, has taken a tremendous flight. The latest reported deal is the 14 million round in France-based iAdvize. The investment was made by Iris Capital, BPI France and existing backer Alven Capital. The proceeds will be used for further international expansion and to boost product development.

Originally a 'chat service', iAdvize now provides a customer engagement platform comprising of the features 'Click to Chat', 'Click to Call', 'Click to Video', community messaging and social media. The platform also offers behavioral targeting and keyword filtering allowing businesses to manage their contacts, increase conversion rates and improve customer satisfaction.

The plan is to first conquer Europe, with Germany as initial target market. Iris Capital's partnership with Germany-based Capnamic is expected to support the company in this move. Next up will be UK and Spain, before iAdvize will turn to North America. The company plans to add 100 people to its team before the end of 2016.

After an initial funding round in March 2010 from Kima Ventures, Oleg Tscheltzoff, David Sokol and Jean-Michel Sokol, Alven joined as shareholder in October 2012 after investing 1 million in iAdvize.



Related stories
Online invoicing company Zervant gets 4th investment of 1.5 million
$4.5 million Series A for German text analytics company Brand a Trend
iWelcome secures Series A for 'identity-as-a-service'
48.2 million for cloud email management company Mimecast
commercetools gets funded for cloud-based e-commerce tools


Up
Data


23,547
Tech investments
From our Online Data Service
15,205
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Nov 14€1.2MBiotechnology
Nov 14€5.7MSoftware development
Nov 14€42.0MSemiconductors
Nov 14€2.0MWireless services
Nov 13N/AInternet services
Nov 13€10.0ME-Commerce
Nov 13€8.5MInternet commerce

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


Aug 17
Komed Health
komed health closes seed financing round

Jul 10
Komed Health
komed health to be supported by nokia and deutsche telekom

May 4
Vivet Therapeutics
vivet therapeutics raises 37.5 million in series a

Apr 5
Fliit
logistik-start-up fliit sammelt 1.5 millionen bei seed-finanzierung...

Jan 24
Spendesk
in addition to online payments, spendesk is now tackling travel exp...





About usContact usLegal Information
Copyright 1999-2017
Emerging Technology Research Europe Inc. All rights reserved.