InfoSum, a NYC-based data collaboration platform provider, raised $65m in Series B funding.
Chrysalis Investments provided the funding, which brought the total amount raised to date to $90m since inception in 2016. As a result of the investment, Chrysalis Investment’s Richard Watts will be added to the InfoSum Board.
The company intends to use the funds to accelerate hiring across every aspect of the business, expand into new regions, and further the development of its platform.
Led by Brian Lesser, Chairman and CEO, and Nick Halstead, Founder and CTO, InfoSum is a data collaboration platform empowering companies to deliver customer experiences while prioritizing customer privacy. Using patented, privacy-first technology, the solution connects customer records between and amongst companies, without moving or sharing data. Since launching the platform in 2019, global customer-oriented companies across financial services, CTV, retail, healthcare, gaming, and entertainment have used InfoSum.
The company is based in the US, UK and DE, with offices across Europe and North America.