Connected Capital leads $10m funding round for ChannelSight

The fresh capital will be used to accelerate the delivery of the company's product range and its global expansion.

Existing investors Nauta Capital, ACT Venture Capital and Enterprise Ireland also joined the round. 

Previous funding
Nauta led a €3.3m funding round for the firm in 2015. 
Enterprise Ireland and ACT also participated.

The company also received debt financing from UK-based debt provider Kreos Capital in 2016.

Company
Founded in 2013, ChannelSight develops software that channels web visitors from a brand's digital advertising to retailers that stock their products. The company also offers data analytics software. It counts Mondelez, Philips, Bosch and Pepsi as clients.

ChannelSight currently employs 70 people in offices in Dublin, Brasov and Thessaloniki.

People
Connected Capital – Mathijs Robbens (general partner).
ACT Venture Capital – John Flynn (managing partner).
ChannelSight – John Beckett (CEO, co-founder).

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