Infutor Data Solutions, a Plainfield, IL-based provider of an on-demand data solution, received a strategic investment of undisclosed amount.
The round was led by Norwest Venture Partners.
The company intends to use the funds for further product innovation and capital expansion in current and new markets within the information services industry. In conjunction with the funding, Norwest’s General Partner, Jon Kossow and Vice President, Ran Ding and data industry executive, David Garcia, who previously held senior sales roles with First Advantage, IRI and GS1 US, will join Infutor’s board of directors.
Led by President and CEO Gary Walter, Infutor provides large retail, financial services, marketing, automotive, fraud prevention, and call center enterprises with agile data solutions to drive risk mitigation and marketing initiatives, including identity verification and completion, TCPA compliance, advanced marketing segmentation, online to offline consumer intelligence, and customer data integration.