Botify Raises $20M in Series B Funding, Opens Seattle HQ

Botify​, the new standard in organic search marketing, today announced that it has closed $20 million in Series B funding and is opening its second U.S. headquarters in Seattle, Washington. Botify’s Series B financing was led by IDInvest, with participation from Ventech, bringing the company’s total funding to $27 million. The investment will be used to fuel product innovation, customer adoption and success, and global expansion.

“With today’s financing and the tremendous support of our investors, we will further cement Botify as the go-to partner for enterprise search professionals,” stated Adrien Menard, CEO and Co-Founder of Botify. “Since we founded Botify in 2012 and subsequently made our U.S. debut in 2016 at​ ​Techcrunch Disrupt​, organic search has gained complexity due to ‘mobile-first’ initiatives and the predominance of Javascript. Botify is in a unique place to solve these complexities with our device-agnostic, technical SEO platform, which is quickly becoming the new standard interface between search engines and large websites looking to be indexed in organic search results.”

Botify’s Seattle headquarters, which opens March 1, will be home to both sales and customer success professionals. This team will extend Botify’s worldwide footprint, providing enterprises with the data, tools, and diagnostics necessary to create and maintain high quality digital assets for search engines and voice assistants.

“We believe that Botify has the right vision for this market.They’re delivering a great impact for their customers and are poised to take the enterprise search marketing sector to new heights,” said Benoist Grossmann, Managing Partner, IDInvest. “We are extremely impressed with the
work Botify has done to date and we’re very excited to continue to support them in this next chapter.”

Thomas Grange, CTO and Co-Founder of Botify continued, “Search is the DNA of the web, if it doesn’t work, the web doesn’t work. With approximately 80,000 queries done every second on search engines, it is critical for companies to optimize the organic search process to be found. In fact, if you’re searching the web, you’re likely clicking on results optimized based on insights provided by Botify as we are working with some of the world’s largest enterprises such ​as Expedia, Nike, Marriott, and hundreds more.”

The funding comes on the heels of a stellar year in which Botify grew over 200% in the U.S. and delivered many innovations, such as structured data analysis, javascript crawling, mobile versus desktop parity content analysis; and the release of Botify Keywords. Additionally, Botify received numerous accolades in 2018 including being ​named one of the leading enterprise SEO platforms by MarTech Today and receiving the ​French BPI Innovation Award for its Botify AI project about content quality.

[Image c/o TechCrunch]

Antidot announces a €5.5m funding round from Ventech and CM-CIC Innovation to accelerate its international deployment of Fluid Topics

Antidot, the software vendor behind Fluid Topics Dynamic Content Delivery platform, announced today that it has closed a €5.5m financing round from pan-European investment fund Ventech and its historical partner CM-CIC Innovation (a member of Crédit Mutuel Alliance Fédérale Group).

With roots in Lyon and Lambesc (France) and field operations in Boston (US), Antidot has been developing innovative search and enrichment technologies that help companies leverage their textual content since 1999. Capitalizing on its expertise, in 2015 Antidot launched Fluid Topics, a Content Delivery Platform that revolutionizes how technical documentation and product information is published and accessed in Customer Support and Field Maintenance applications.

Antidot targets makers of sophisticated products (software vendors, industrial firms, high-tech equipment manufacturers, infrastructure operators, financial services, etc.) for whom seamless access to technical content is critical to product adoption and customer satisfaction.

This funding enables Antidot to accelerate the development of its strong technology roadmap around content delivery. Building on recent successes with major customers that include Talend (US), Teradata (US), Kone (Finland), Médiamétrie (France) and EasyMile (France), this €5.5m capital infusion also signifies an increase in Antidot’s global coverage as the firm endeavors to both strengthen its US operations and deepen its focus on Northern and Central Europe.

Fabrice Lacroix, CEO and Founder of Antidot, attests to the value of this funding, explaining: “We are pleased to receive the backing of a global investment player like Ventech, and a renewed commitment from CM-CIC Innovation who has been supporting us since the beginning of the story. This new funding will allow us to accelerate the next stages of our growth, both by expanding the functional scope of our platform, and by extending our market coverage in a context of strong internationalization.”

Karine Lignel, President of CM-CIC Innovation and member of the Board of Antidot, adds: “CM-CIC Innovation is proud to back Antidot, and to have supported the various phases of the company’s development. The recent successes of the Fluid Topics solution are extremely promising and we are excited about the next phase of growth.”

Claire Houry, General Partner at Ventech, who with this investment joins the Board of Antidot, explains: “We were impressed by Antidot’s highly experienced team and its extensive international client list. With Fluid Topics, the company leverages 20 years of expertise in Machine Learning to offer software vendors and industrial companies a solution that re-invents the user experience of Customer Support or Field Maintenance departments. We are very proud to work with them to accelerate their international development.”

Codasip secures $10M in Series A financing to expand RISC-V processor technology offerings

 

Codasip GmbH, the leading supplier of RISC-V® embedded processor IP, announced today that it has raised $10M in a Series A investment round led by private equity firms Ventech Capital of Paris, France, Shenzhen Capital Group Co., Ltd. of Shenzhen, China, Paua Ventures of Berlin, Germany, and strategic investor Western Digital, following the initial investment led by Credo Ventures of Prague, Czech Republic.

This investment will allow Codasip to grow its global sales and support team while expanding its product development efforts to bring best-in-class RISC-V processor intellectual property and optimization tools to customers around the world.

“The RISC-V movement is growing at a rapid pace and transitioning from an era of raising awareness to an era of customer adoption,” stated Christian Claussen, General Partner of Ventech Capital and a board member of Codasip. “Codasip have the tools and expertise developed over the last decade to create a broad portfolio of licensable RISC-V processors and bring them to market. Ventech Capital is confident that Codasip will continue to provide innovative products to the semiconductor industry.”

Martin Fink, Chief Technology Officer at Western Digital, added: “Western Digital is focused on the next generation of innovation to enable new classes of applications like machine learning, AI, and analytics to deliver the possibilities of data. RISC-V offers a platform for innovation unshackled from the proprietary interface of the past, and this freedom allows us to optimize special-purpose computing capabilities targeted at big data and fast data applications.”

Karel Masařík, Codasip’s founder and CEO, said: “We are honored to welcome aboard this global syndicate of investors who share Codasip’s vision of bringing innovative RISC-V-based processors and optimization tools to the world, and we appreciate the continued dedication, commitment, and support of our earlier investors and the current team.

Codasip aims to have the most comprehensive portfolio of RISC-V processor technology in the industry. Codasip Studio allows for rapid processor development and helps customers differentiate their products through processor IP that is tailored to their design and software requirements, and does so with less cost and risk than using general-purpose offerings. Studio dramatically simplifies the process of optimizing a processor, delivers enormous performance improvement to customers, and allows them to build their own unique RISC-V core that is just right for their application

Source: Design & Reuse

 

$12m raise for Adikteev to further develop mobile marketing platform and broaden international footprint

NEW YORK, Feb. 13, 2018 — Leading mobile marketing platform Adikteev (www.adikteev.com) has secured $12 million in its Series B round for further international growth outside of its home base in France, as well as research and development efforts. Ring Capital and BNP Developpement led the round to which ISAI, Ventech and Laurent Asscher also contributed. Adikteev uniquely combines state-of-the-art creative technology, data and artificial intelligence to deliver ROI for advertisers and app developers.

“In just five years, Adikteev has reached an unprecedented level of strategic growth from seizing new opportunities in the marketplace,” said Xavier Mariani, CEO of Adikteev. “This new round of funding will help strengthen our research and development efforts, as well as accelerate our international expansion, particularly in the U.S., where we have a strong retargeting offering.”

Two prior fundraising rounds enabled Adikteev to quickly acquire and enhance its mobile solutions, spurring profitably represented by more than 6,142 percent growth in France since its founding. The first was Motion Lead, a Y Combinator-backed company based on mobile dynamic creative technology. This was followed by Trademob, the first European mobile DSP specializing in user acquisition and app retargeting. Both became part of Adikteev’s technology stack. Adikteev now has more than 100 employees and 30 percent are engaged in research and development in Paris and Berlin.

“We are particularly happy to partner with a talented French team such as Adikteev to hasten their expansion with this investment,” said Geoffroy Bragadir, CEO and co-founder, Ring Capital. “Beyond financing, we are confident we can help this fast-growing ad tech company to scale-up and increase their international footprint by bringing operational expertise from the Ring team and high-value connections with our mentors.”

Adikteev’s platform combines retargeting with dynamic creative optimization (DCO) and playable ads. Its key differentiator is a testing framework that focuses on incrementality measurement, predicting user lifetime value and adjusting bidding price accordingly, helping advertisers across all channels.

The round’s closing follows the recent opening of offices in New York City and San Francisco in 2017. This has enabled even more regular improvement of Adikteev’s core product based on more immediate client feedback.

Storetail closes €5m Series B round to expand in North America and to strengthen R&D team

Paris, February 7, 2018 – Founded in 2014 in Paris by Mathieu Azorin, CEO and Elie Aboucaya, COO (both formerly with Dentsu-Aegis and WPP), the Storetail software suite is specialized in driving customer visits through e-commerce sites.

Storetail technology is unique on the market to allow a brand or an on-line retailer to recreate the physical in-store customer experience on an e-commerce site. This includes highlighting products and sales promotions, while specifically targeting those consumers who might be attracted by a given offer (cf. example p. 2). The solution provides increased visibility for advertised brands, a source of monetizing for stores and a personalized commercial experience for consumers.

Because it is flexible, the Storetail suite can also be used by retailers for their own promotions and is already available to advertisers on a self-service basis.

Storetail had raised €2 M in 2016 from ISAI and leading Business Angels[1]. The start-up operates in France, Spain, Portugal, and the UK, with 60 employees.

This new round of financing will serve to bolster the technical and commercial teams while helping to  develop new product offers and to enter new markets, especially in Europe and North America.

Retailing is fighting on a new front, the battles are on-line and involve the triad of choice-price-service.  Service has become primordial to win and retain clients. Thanks to Storetail technology, e-commerce sites can derive new revenue streams, through commercial activities, and invest these in customer services.

Storetail’s value proposal has already convinced many of Europe’s leading retailers, including Leclerc, Carrefour, Auchan, DIA, Intermarché, Fnac, Darty, Sephora, La Redoute… and leading brands such as PepsiCo, Coca-Cola, Heineken, Danone, Kronenbourg, Nestlé and Microsoft.

Mathieu Azorin, co-founder and CEO of Storetail, explains: “The Storetail Suite creates a winning threesome: online retailers profit from software that optimizes the monetization of their sites; brands spotlight their products and increase sales; consumers benefit from personalized offers and a constantly improved user experience.”

Elie Aboucaya, COO and co-founder of Storetail, adds: “Our platform is totally “plug & play” for online retailers. It is based on real-time analyses of multiple data to offer the most efficient Online Retail Media solutions. With increases in sales of up to + 600 %, and automated reporting through clear and comprehensive operational dashboards, ROI is directly measurable for the advertiser.”

Audrey Soussan, Managing Partner at Ventech, comments: “Ventech, which supports a number of players in the Adtech/Martech space, was impressed by the Storetail platform. We are convinced by its international potential and we are delighted to work along with this talented team.”

Jean-David Chamboredon, CEO of ISAI, concludes: “Recent events have highlighted the new stakes for retailers in the digital age. In this context, knowing how to drive on-line sales with the right operations through data mastery and being able to profit from new revenue streams through monetization to reinvest in services for clients and customers is a considerable advantage for retailers. The rapid growth   of Storetail demonstrates the pertinence of its strategy.”

[1] Thierry Petit (CEO and co-founder of Showroom Privé), Bruno Kemoun and Eryck Rebbouh (co-founders of KR Media), Emmanuel Brunet (CEO of Eulerian) and Christophe Chausson (CEO of Chausson Finance).

 

 

Hostmaker raises $15M to fund global expansion

 

London’s number one Airbnb management service receives backing from Sansiri and Gaw Capital

 

Hostmaker, London’s number one Airbnb management company, has announced $15M in Series B funding, taking the total raised since inception in 2014 to $25M. The new funding round is led by Sansiri, one of Thailand’s largest premium real estate developers and Gaw Capital – Hong Kong based global hospitality real estate investor. Hostmaker’s existing lead investors – DN Capital , Ventech and DSGCP, all backed the venture with an investment in the round.

Founded in 2014 by Airbnb ‘Superhost’ and entrepreneur Nakul Sharma, Hostmaker is a technology-driven hospitality management company that takes the hassle out of managing short-term rentals for homeowners. It offers a consistent, high-quality service, including housekeeping from five-star hotel trained staff, professional photography, daily pricing reviews to maximise earnings, guest relations and vetting, and interior design. It also facilitates property profile and listing across platforms including Airbnb, TripAdvisor and Booking.com.

As the largest VC-backed homestay hospitality management team in Europe, Hostmaker has so far carried out over 150,000 services across Europe, growing at a rate of 400 per cent year-on-year. It currently operates in London, Paris, Rome and Barcelona – four of the largest global markets for Airbnb.

The new funding round comes close on the heels of a Series A round of £5M that was raised just earlier this year. This new round of investment will support Hostmaker’s continued technology development in proprietary pricing and operations applications as well as growth and expansion beyond Europe, in particular building a presence in Asia to support property investors there.

On the investment, Nakul Sharma, Hostmaker founder and CEO, said:

“Having raised an investment round just a few months ago, we were very much focusing on delivering a great service to our customers and establishing our leading position. However, we’ve always welcomed a conversation with strategic investors who believe in our global vision of creating a new experiential brand in the fast-growing homestay category. Sansiri approached us with an exciting proposition to take our brand to Asia which was always on our roadmap. Along with Gaw Capital’s Asian roots and global footprint, it felt like the right moment to accelerate our expansion in the East.”

 

Srettha Thavisin, from lead investor Sansiri said:

“The home sharing market is at an all-time high with 150M people using Airbnb globally. Property management businesses that support the home sharing industry are growing at a similar speed and we are excited to work with Hostmaker, who are leading the charge in Europe by providing the highest quality service out there.”

 

 

About Hostmaker

Launched in July 2014, Hostmaker is a technology-driven hospitality management company that takes the hassle out of managing short-term rentals for homeowners by offering a consistent, high-quality service. Growing at a rate of 400% YOY, Hostmaker is currently operational in London, Paris, Rome and Barcelona – four of the largest global markets for Airbnb and supports over 1,000 homeowners.

The founder, Nakul Sharma has worked at the world’s largest international hotel chains, including Starwood Hotels and InterContinental Hotels Group. Nakul is also an avid Airbnb host and traveller.

Hostmaker’s deep industry and market expertise alongside proprietary pricing technology, in-house interior design and 5-star hotel trained operations team help uplift income for homeowners by as much as 50%. Hostmaker has been named #20 among the top 100 UK start-ups and one of Forbes’ 5 fastest-growing British businesses to watch, alongside winning the Serviced Apartment Award for best short-term rental operator in 2017.