Funnel, a Stockholm, Sweden-based provider of a marketing data platform for businesses, raised $47 in Series B funding.
The round was led by Eight Roads Ventures and F-Prime Capital, with participation from existing investors Balderton Capital, Oxx, Zobito and Industrifonden, in addition to Kreos Capital.
The company intends to use the funds to accelerate its plans in the U.S., invest in its teams.
Founded in 2014 by Fredrik Skantze and Per Made, Funnel provides marketers with a platform to automate the real time collection, cleaning, and normalization of online marketing data from multiple stacks to visualize and analyse their online marketing spend.
The company has 140 employyes in Boston and Stockholm.