The funding round was led by NEA with participation from Kismet and will fuel rapid growth in Europe and North America.
"Complex, unreliable or quick-and-dirty data sources, as well as slow and expensive research agencies, no longer have to be the norm. By removing the difficulty of directly interacting with target consumers – the groups that businesses need to know the most, but can naturally reach the least – brands can access the most important inputs and data on a continuous basis, and get insight when they need it, wherever they need it."
The Greater Manchester Combined Authority led the seed follow-on round to accelerate international expansion and team growth.
"A few years ago, as businesses outgrew basic template-driven platforms such as Shopify, Wix and Squarespace, their only option was to have a specialist digital agency create a bespoke solution for their needs which requires a lot of time and a huge budget."
The Series B round was led by Highland Europe with participation from Highland Capital, HubSpot Ventures, and RLC Ventures.
"While corporate gifting has long promised to be the solution to generic, spammy marketing, it has not yet matched the needs or standards of today's companies and consumers. Reachdesk breaks the mould. Our data-led, AI-powered and integrated approach allows us to be there for our customers at every stage, via one single, simple yet powerful and trusted global platform,"
The Series A round was led by Eight Roads Ventures with backing from MMC Ventures, Crane Venture Partners and Winton Ventures.
"We are facing a new reality whereby attackers are advancing more quickly than legacy approaches can keep up with, but hybrid and multi-cloud environments are far more complex than we yet know how to defend. Added to this, the volume and speed of data is beyond what legacy architecture was ever designed to handle. The daily headlines show legacy approaches don’t work and if we don’t do something courageous now as a security community or we aren’t going to stand a chance in the future. We chose to partner with Eight Roads Ventures because of their ability to support SenseOn’s vision, thanks to their collaborative partnership style, their strong knowledge of the cyber industry and their global footprint."
