Swaarm, a Berlin, Germany-based global performance-based tracking platform for marketers, secured a new seven-figure round of funding of undisclosed amount.
The round was led by new investors STS Ventures and previous investors.
The company intends to use the funds to expand product development and increase its presence in new and existing markets.
Founded in October 2020 and led by David Frei, CEO, Swaarm provides a martech tracking platform that allows agencies, advertisers and networks to measure, optimize, and automate their marketing efforts at scale. Clients from around the globe including Apptrust (Poland), Adcrate (SEA), GoWithMedia (Israel) and ZinkAds (India) use Swaarm to simplify campaigns and accelerate business growth.