Blog
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Cognitive Match raises an additional $2.5M investment
- By Ben
- Posted 05.02.10 in at 09:44
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Today we're pleased to announce that Dawn Capital has followed on with Series B investment of US$2.5M. We will use this investment to accelerate its sales and business development activities.
Chad Raube, partner at Dawn and board member at Cognitive Match, commented: “Our continued support of Cognitive Match reflects the fact that the team has launched with several blue chip clients while proving the science behind the product is both scalable and dramatically improves the response rates, and ultimately profitability of online businesses. We are even more confident that Cognitive Match is positioned to set the benchmark for delivering content relevance and behavioral insight in the online arena.”
CEO Alex Kelleher commented, “We are delighted with Dawn Capital’s continued support, both financially and in helping our business to grow. This additional funding will enable us to enhance our sales and business development activities to more rapidly address the high levels of demand, that have exceeded even our own expectations. At the same time, it ensures that we can continue to deliver increased profitability to existing Clients. The internet is now all about data, and Cognitive Match delivers maximum value from that data to its Clients.”


