Personalization Specialist Node Raises Launch Funds

In the US, data personalization specialist Node has raised $7.5m in a round of funding, which it will use to scale its sales and marketing platform in preparation for launch.

The Node team includes Google, Facebook and Wildfire search engineers and natural language processing experts, led by founder Falon Fatemi (pictured). The firm is currently in stealth mode, and has developed a data intelligence 'layer' which filters massive amounts of online information down to what is relevant to each individual or business. The platform then automatically recommends relevant information to a user, at the 'right time', without requiring a search box.

New funding has been led by Mark Cuban (owner of the professional basketball team the Dallas Mavericks), New Enterprise Associates (NEA), Avalon Ventures, Canaan Partners, Bee Partners, and Entrée Capital. Fatemi comments: 'This investment helps us accelerate our go-to-market timeline as we work to equip companies to harness the vast data on the web in ways that transform how they sell, market, hire and partner'.

Web site: www.node.io .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.