Evergage Raises $4 Million in New Funding to Solidify Its Real-time Web Personalization.
Provider of the market-leading real-time behavior-based web personalization platform, Evergage, has recently announced that it has manage to secure a total of $4 million Series A. This recently round of funding, which shall be used to reinforce the company’s influenc within the market, underscores remarkable performance mile stones, prominent clients wins and significant product advancements.
This investment round was led by G2o Ventures, a venture capital group of techology pioneers which is lead by co-founder Bob Hower, who will be joining the board of directors of Eveergage and Bill Wiberg. The company’s currently existing investors have included, Point Judith Capital, Advanced Technology Ventures, Jit Saxena, Stephan Schambach, Andy Ory, and Jim Baum , who also participated in the round
“Evergage is revolutionizing the way businesses convert customers on their websites by making the technology, power, and business value of real-time personalization accessible to any marketer,” said Karl Wirth, CEO and co-founder of Evergage. “Our platform helps digital businesses reduce the time, cost and complexity of gaining an understanding of website visitors and responding to them right in the context of their interaction. We empower marketers to use Big Data to respond in real-time. This is the catalyst for our record-breaking growth.
“We are excited to be working with the G20 and are already benefiting from Bob Hower’s deep digital marketing and e-commerce software expertise, having led investments and served on the board of such successful companies as Channel Advisor and [x+1],” Wirth continued.
This funding round arrived during the middle of a number of company performance milestone its launching of its platform during one year ago:
- Achieved 200 percent consecutive quarter-over-quarter revenue growth.
- Secured 110 new clients in ecommerce, travel, financial, marketing, content, and SaaS.
- Delivered real-time web personalization to more than 120 million website visitors.
- Tracked more than 2 billion real-time website actions taken.
“As the promise of web personalization becomes a reality, Evergage is ensuring that many of the leading, global brands dramatically increase web conversion rates while delivering relevant, real-time online experiences to their customers,” said Bob Hower, co-founder, G20Ventures. “The Evergage team has achieved tremendous success over the past year, adding over 100 new clients, including some of the world’s most recognized brands, and achieving 200% revenue growth. We are confident this momentum will only accelerate.”