Enterprise AI co Mintigo raises $10m

Jacob Shama  photo: PR

Mintigo's platform helps enterprises target those most likely to buy their products or services. Glilot Capital Partners led the round.

Mintigo, an AI platform for marketing and sales, has raised an investment round of $10 million from Glilot Capital Partners. Sequoia Capital IL, Adams Street Partners, Giza Venture Capital, Maverick Ventures, Vintage Investment Partners and La Maison, also participated in this investment round. The new investment will be used to accelerate Mintigo’s growth globally.

Mintigo’s technology enables B2B organizations to identify the prospects most likely to buy as well as providing insights to marketing and sales teams on how they can intelligently engage with them. The company claims to have the deepest B2B database in the industry. It says that it continuously collects over 3,000 data points on over 50 million companies and 200 million professional worldwide. By using artificial intelligence technology and predictive analytics, Mintigo helps enterprises understand their ideal customer profile so that they can target those most likely to buy their products or services.

“Our new partnership with Glilot Capital Partners will help us accelerate our growth and widen our penetration into the enterprise market,” says Mintigo CEO and co-founder Jacob Shama. “We’ve seen amazing results in the past year and we’ll use this investment to move our business forward full throttle.”

“In the recent years, Mintigo was able to prove that artificial intelligence is much more than just a slogan,” said Kobi Samboursky, Founder & Managing Partner at Glilot Capital Partners. “Artificial intelligence can dramatically improve the bottom line of leading businesses in multiple categories. Mintigo's list of big happy customers proves the superiority of its technology. We are proud to join the winning team of Mintigo.”

Among Mintigo's customers are Oracle, Getty Images, Red Hat, Insight, CA, Workfront, Equinix, SolarWinds, Time Warner Cable and Neustar.

Published by Globes [online], Israel business news - www.globes-online.com - on May 15, 2017

© Copyright of Globes Publisher Itonut (1983) Ltd. 2017

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Jacob Shama  photo: PR
Jacob Shama photo: PR
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