Zeotap raises $42m in series-C round

Existing investors New Science Ventures, Capnamic Ventures, Iris Capital, geocoding company Here, Innov8 and Ioniq (formerly known as Hitfox) also took part in the round alongside business angels. 

Zeotap will use the latest funding to continue to invest in its customer intelligence platform but will also double down on ID+, its recently launched marketing identity software. 

The company said a in a statement that it has seen a 431% growth in revenue run rate in the previous accounting year.

Additionally, Eric Roza – the former leader of Datalogix and Oracle Data Cloud, and one of the business angels – has joined Zeotap's board of directors.

Previous funding
In 2015, Zeotap raised $6.4m in a series-A round from Capnamic Ventures, Iris Capital, business angels and existing investors.

In 2017, it raised $12m in a series-B round from New Science Ventures, location services company Here, Capnamic and Iris.

Company
Founded in 2014 and headquartered in Berlin, Zeotap develops a customer intelligence platform that helps companies better understand their customers and predict behaviours. It employs 51-200 staff, according to its LinkedIn page. 

People
Zeotap – Daniel Heer (CEO, co-founder); Eric Roza (board member).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• DACH
• Technology
• Germany
• Venture
• DACH