Amadeus Capital Partners and Beringea have co-led a £2m round to support the customer conversation technology provider in scaling across Europe and the Americas.
"During the past seven years, we have built a highly successful and profitable business which delivers unique services to clients. As consumer behaviour and communications become more complex and multi-faceted, we have a clear opportunity to project this success globally."
Imperial Innovations and TTV Capital led the £6.2m round to support growth in the UK and US markets.
"This new funding round reflects the great progress Featurespace has made over the last year, including announcing major new customer wins with companies based in the USA. The most recent of these is a new partnership with TSYS, one of the world’s largest payment solutions and services companies, in which Featurespace’s adaptive behavioural analytics platform will be used to reduce fraud for TSYS’ clients."
The round was led by Indian members of the Cross Border Angels network.
"It was great working with Cross Border Angels on this round as we got access to Smart capital through their network, which is critical for us at this stage. These international investors will help us to leverage on their network, thus helping our venture roll out in the Indian subcontinent, one of the key focus geographies for Claned in 2016."