Lengow, a Nantes, France-based provider of a solution to index and optimize product listing ads across all online channels, secured €10m in venture capital funding.
Backers included Serena Capital, BPI and current investor Alven Capital.
The company intends to use the funds to further strengthen its international presence, mainly in the UK and Germany, through strategic acquisitions and/or organic growth, and establish physical presence in Asia and the United States.
Led by Mickael Froger, CEO, Lengow provides a Saas-based platform that allows online retailers to index their product catalogs across all types of e-commerce channels such as comparison shopping sites, marketplaces, affiliate platforms, retargeting and social networks.
Lengow has more than 3,500 customers in 45 countries and partnerships with 1800 channels worldwide.
It is hiring (with approx. 30 job openings scheduled by the end of 2015).