US and Israel-based customer analysis software firm Revuze has raised $5.1m in a Series A round of financing, which it will use to expand its sales and marketing efforts, and hire for its R&D department.
The company's flagship product 'Revuze Explorer' scans millions of consumer opinions on a daily basis from a range of public and internal information sources, and applies machine learning and AI for semantic analysis of text. The tool organizes information into the most relevant subjects for every brand and product, giving clients feedback about their products and brands, and those of their rivals, in real time.
New funding has been led by new investor Maverick Ventures Israel, with participation from existing investor Prytek, and brings the total raised to date to $12m. Revuze CEO Boaz Grinvald (pictured) comments: 'I'm excited to partner with the great team at Maverick Ventures Israel, as well as strengthen our successful partnership with Prytek. These great investors recognized the revolution Revuze is bringing to global brands. We are the first to make deep market insights available to any business user from the comfort of their desk at an affordable price. No more standing in line for data or waiting on research to come back. Now any business role can make the best possible decisions'.
Web site: www.revuze.it .
All articles 2006-22 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.