RedPoint Global Inc., a Wellesley Hills, Mass.-based provider of data management and digital marketing software, raised $5.2m in growth financing.
The round was led by Grotech Ventures, with participation from Sagamore Ventures, LLC.
The company intends to use the funds to accelerate sales and marketing initiatives around its recently launched Data Management for Hadoop 2.0 product.
Led by CEO and Founder Dale Renner, RedPoint Global provides a comprehensive set of ETL, data quality and data integration applications that operate in and across both traditional and Hadoop 2.0/YARN environments. The company also offers data-driven customer engagement solutions for companies to derive insights from customer behaviors and create relevant messaging across any and all channels required. The apps offer a visual user interface that eliminates the need for programming skills.