QuanticMind Surpasses Growth Record in Eventful Q3 2017
Hot on the heels of raising $20M Series B funding and launching groundbreaking new product, predictive advertising leader reports record-breaking growth
REDWOOD CITY, Calif.—November 9, 2017—QuanticMind, the data platform for intelligent marketing, has reported record quarterly revenue growth for Q3 2017. Before kicking off Q4 by raising $20M in Series B funding and launching its new Shopping product, the company also added savvy digital advertisers such as 3 Day Blinds and Excel Impact to its customer list and continued to grow its team.
“Digital marketing is facing its biggest challenge—and its biggest opportunity—yet,” said Chaitanya Chandrasekar, CEO and co-founder, QuanticMind. “Big data threatens to overwhelm marketers; mismanaged data is expected to cost companies $3.3 trillion by 2020. But smart advertisers are understanding that big data also holds the key to actionable marketing insights that help them make better decisions today and more-accurate forecasts for tomorrow.”
Over the course of Q3, the company continued to broaden its headcount - a prelude to more-accelerated hiring and product growth since the company closed a $20M round of funding in October. The company has earmarked this funding to grow both its global team and to further enhance its core product and future launches, such as its recently launched QuanticMind Shopping product, which empowers e-commerce and retail merchants to eliminate costly data errors and wasted spend while closing more sales and increasing profit margins overall.
QuanticMind works with enterprise-scale digital marketers worldwide by providing greater efficiency at scale, resulting in higher profit margins and optimal results. The company’s products, QuanticMind Search and QuanticMind Shopping, are powered by an exclusive combination of data science-driven algorithms, machine learning and predictive analytics, which deliver incremental gains that ultimately add up to massive aggregate profits.
To learn more, visit www.QuanticMind.com.
QuanticMind, the Platform for Smarter Advertising, is the pioneer of predictive management software for digital marketing channels, including paid search and social. By reinventing ad management point solutions through machine learning, distributed cloud computing, and in-memory processing, QuanticMind delivers the most intelligent, scalable, and fastest platform for maximizing digital performance for enterprises. A global community of data-driven marketers relies on QuanticMind’s data science-powered platform to anticipate and execute the best and most granular investments across their paid channels. For more information, please visit QuanticMind.com.
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About the Author
Andrew Park is a content marketing manager at QuanticMind. A UC Berkeley graduate and lifelong Bay Area resident, Andrew has done tours of duty in editorial, PR and marketing, and now works with the QuanticMind team to communicate the importance of data science and machine learning in digital advertising.More Content by Andrew Park