KXEN, a San Francisco, CA-based provider of data mining automation solutions, has completed an $8m Series D funding round.
The round was led by Next Stage, with participation from existing investors XAnge Capital, Sofinnova Ventures, Saints Capital and Motorola Ventures.
The proceeds from the financing will enable the company to further accelerate its growth and international expansion.
KXEN, which also operates field offices in Paris and London, delivers patented solutions for CRM lifecycle analytics aimed at driving improvements in customer acquisition, retention, cross-sell and risk applications.
Customers of the company include Bank of America, Barclays, Cox Communications, Lowe’s, Meredith Corporation, Overstock.com, Rogers, Vodafone, and Wells Fargo.