Venture Capital News: Choozle Announces $6M Series B Funding
2017-11-14
DENVER, CO, Choozle, self-service programmatic ad platform, announced today it has raised $6 million in a Series B funding round from previous investors.
Choozle will leverage the funding to fuel general growth while continuing data-powered product innovation and wide-scale adoption of its platform among global digital marketers.
Choozle builds and supports a self-service analytics and digital media buying platform focusing on mid-market agency and brand clients. The self-service platform and business model empowers efficient marketing operation and performance while affording 100% transparency. Choozle's consistent financial growth and marketplace differentiation provide investors with the confidence to double down on the company's scale and success.
"It's a testament to our team and platform that we maintained consistent hyper-growth while staying lean," said Andrew Fischer, co-founder and CEO of Choozle. "While many competitors are being consolidated or closing up shop, this additional investment enables us to continue our expansion in the US and abroad, while aggressively investing in our product to ensure Choozle remains the most innovative and intuitive platform on the market."
Recent Choozle milestones:
-Choozle customers have executed more than 12,000 digital advertising campaigns in 2017.
-Ranked number 113 on Inc. Magazine's fastest growing companies, Named one of the Fastest Growing Private companies by the Denver Business Journal.
-Placed on Inc.'s Best Workplaces list, Denver Business Journal's Best Places to Work List, AdAge's Best Places to Work.
-Experiencing tremendous growth in 2017, Choozle added 30 new employees while expanding into other markets with new offices in London, San Francisco, Austin, and Seattle.
"Digital advertising is an intensely data-driven market that continues to take share from other advertising mediums," said Jeffrey Finch, co-founder and CPO of Choozle. "We will continue to innovate our data-centric platform to ensure it delivers best-in-class results to customers and positions the company as a leader in the growing and increasingly complex digital marketing ecosystem."
To learn more about Choozle, please visit www.choozle.com.
About Choozle
Founded in 2012 and based in Denver, Colorado, Choozle - Digital Marketing Made Easy - provides a programmatic platform that leverages detailed consumer data to power real-time advertising campaigns across display, video, mobile and social mediums - all from a single, simple interface. Choozle brings programmatic to any marketer or advertiser with its simple, elegant, and affordable solution. As a Network Advertising Initiative (NAI) member, Choozle is committed to transparent and responsible data management practices. As a proud member of the Entrepreneurs Foundation of Colorado (EFCO), Choozle donates 1 percent of founding equity to support Colorado nonprofits. Learn more at https://choozle.com.
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