Post by account_disabled on Jan 2, 2024 5:04:50 GMT 1
CleverTap, an AI-powered user retention and customer lifecycle management platform, announced today that it has successfully raised Series C funding to help it scale faster as the world leader in mobile app marketing. CleverTap has grown 250% year-over-year since 2015, and the company intends to use the proceeds to build a new engineering center in the United States. Enhance the platform's predictive capabilities and pushes its go-to-market strategy internationally. CleverTap has raised funding from a consortium led by existing investors Tiger Global Management and Sequoia Capital India. With the new funding, CleverTap has received investment from Externals have totaled $61 million since the start of 2019, and during that time the company's valuation has more than doubled from $150 million to $385 million. Sunil Thomas, co-founder and CEO of CleverTap, said: "Companies Leaders know that the key to increasing mobile app revenue is increasing retention and increasing customer lifetime value over the long term.
We are ideally positioned to deliver end-to-end solutions that deliver not only actionable Industry Email List customer insights but also actionable customer insights. But it also offers things that can attract customers at the time they actually use them. This latest funding will enable us to help companies Achieve retention goals while building long-term customer relationships.” CleverTap's user retention and customer lifecycle management platform uses machine learning to help brands attract, retain, and grow their user base. Through mobile, CleverTap's solutions are used by leading organizations in a variety of industries around the world. As a result, the growth rate of customers has more than doubled in the past year. And with an average of over 8 billion clicks each day, CleverTap has helped customers generate over $2 billion in incremental revenue. It currently reaches over 1 billion mobile devices and 8,000 apps in over 100 countries. Mohit Bhatnagar, Managing Director, Sequoia Capital India LLP said, “Today, the market is starving for truly effective solutions to attract, retain and grow. CleverTap User Base solves marketers' critical pain points by delivering a user retention platform that can dramatically increase customer lifetime value and drive long-term growth.
Global Expansion and Product Development It's a top priority for CleverTap. The funding will be used to develop engineering, sales and marketing teams in the U.S., Latin America, Europe and Asia, helping the company continue to build on its technology leadership and promote itself in new markets. Go see more information or make a personal appointment at clevertap.com about CleverTap CleverTap is the leading customer engagement and retention platform. which helps brands Able to create maximum customer lifetime value, more than 8,000 brands worldwide, including Vodafone, Star, Sony, Discovery, Fandango LATAM, Carousell and Gojek, trust CleverTap to help them improve user engagement and retention. User To grow its revenue over the long term, CleverTap is backed by top venture capital firms including Sequoia India, Tiger Global Management, Accel and Recruit Holdings. The company has offices in San Francisco, Seattle, London, Singapore. and Mumbai. More information can be found at clevertap.com Or follow the developments on LinkedIn and Twitter. l About preecha binmanoch Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design.
We are ideally positioned to deliver end-to-end solutions that deliver not only actionable Industry Email List customer insights but also actionable customer insights. But it also offers things that can attract customers at the time they actually use them. This latest funding will enable us to help companies Achieve retention goals while building long-term customer relationships.” CleverTap's user retention and customer lifecycle management platform uses machine learning to help brands attract, retain, and grow their user base. Through mobile, CleverTap's solutions are used by leading organizations in a variety of industries around the world. As a result, the growth rate of customers has more than doubled in the past year. And with an average of over 8 billion clicks each day, CleverTap has helped customers generate over $2 billion in incremental revenue. It currently reaches over 1 billion mobile devices and 8,000 apps in over 100 countries. Mohit Bhatnagar, Managing Director, Sequoia Capital India LLP said, “Today, the market is starving for truly effective solutions to attract, retain and grow. CleverTap User Base solves marketers' critical pain points by delivering a user retention platform that can dramatically increase customer lifetime value and drive long-term growth.
Global Expansion and Product Development It's a top priority for CleverTap. The funding will be used to develop engineering, sales and marketing teams in the U.S., Latin America, Europe and Asia, helping the company continue to build on its technology leadership and promote itself in new markets. Go see more information or make a personal appointment at clevertap.com about CleverTap CleverTap is the leading customer engagement and retention platform. which helps brands Able to create maximum customer lifetime value, more than 8,000 brands worldwide, including Vodafone, Star, Sony, Discovery, Fandango LATAM, Carousell and Gojek, trust CleverTap to help them improve user engagement and retention. User To grow its revenue over the long term, CleverTap is backed by top venture capital firms including Sequoia India, Tiger Global Management, Accel and Recruit Holdings. The company has offices in San Francisco, Seattle, London, Singapore. and Mumbai. More information can be found at clevertap.com Or follow the developments on LinkedIn and Twitter. l About preecha binmanoch Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design.