California marketing platform AgilOne bags $25M in Series C funding
Big data marketing firm AgilOne has closed $25 million in its third funding round, based on a disclosure to the regulatory commission. Chief executive officer (CEO) Omer Ortun did not reveal the investors in the funding, according to Silicon Valley Business Journal.
Although the investors for the round are still unconfirmed, the document filed says Tom Banahan of Tenaya Capital is the firm's new director. The filing also indicates 10 entities are included in the investment deal. Previous backers of AgilOne include Mayfield Fund and Sequoia Capital, the report detailed.
AgilOne uses big data to gather data and help small and medium-sized businesses (SMBs) grow. The platform helps its customers determine the best marketing campaigns for them, and which activities should be scrapped or avoided, VentureBeat explained.
Established in 2006, AgileOne now employs more than 100 workers. The latest financing brings the Mountain View-based company's total raised capital to $41 million, the report added.