QuBit Closes $7.5M Series A Funding

QuBit, a London, UK-based provider of a data-driven website optimization products, has closed a $7.5m Series A funding.

The round was led by Balderton Capital.

In conjunction with the funding, Bernard Liautaud, General Partner at Balderton Capital, will be joining QuBit’s board.

The company intends to use the capital to bring to market its SaaS platform, to further develop its SaaS tag management product, OpenTag, as well as to expand in the US and mainland Europe.

Led by Graham Cooke, CEO, QuBit has developed a suite of products that help major website owners make their online presences more effective. Leveraging big data collection and analysis techniques, the company’s solutions are designed to enable a new generation of optimization and personalization strategies on websites.
Thr vompany works with major eCommerce businesses and publishers including Arcadia Group, John Lewis, BBC and Staples.

QuBit is currently hiring (read here).



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