ChannelSight, a Dublin, Ireland-based developer of ‘Where to Buy’ technology for large brands, closed a Series B financing round of $10m.
The round was led by Connected Capital, with participation from existing investors Nauta Capital, ACT Venture Capital and Enterprise Ireland.
The company intends to use the funds to accelerate its product roadmap delivery and global expansion.
Founded in 2013 and led by John Beckett, CEO, ChannelSight provides a platform that enables brands such as Philips, Bosch, Pepsi and Mondelez to drive sales from their digital content and understand what content and ads work most effectively across all digital channels.
Hundreds of global brands in 65 countries now use the company’s technology.
ChannelSight employs 70 people and is now hiring for an additional 30 roles across product, marketing, sales and engineering in their Dublin, Brasov and Thessaloniki offices.