EverString Raises $65M in Series B

What does EverString do?

EverString, is a platform which helps companies leverage data for optimizing sales and marketing capabilities. Its predictive analytics platform helps companies in identifying and engaging with their best customer prospects. After it has launched its platform, it rose to become the largest and fastest growing predictive marketing SaaS company in just 15 months. This company helps business to business companies in identifying thier best customer prospects through artificial intelligence, data science and predictive analytics. It scores new and existing sales prospects and finds totally new prospects outside the funnel. With EverString Predictive Ad Targeting, its newest product, B2B customers can now acheive even better control over the top of their funnel. The company’s customers are mainly mid market and primary enterprise companies which include IBM, Comcast Business, Zenefits, Hortonworks and Apttus.

How much EverString was funded?

EverString raised $65 M in Series B on October 13, 2015 from Lakestar, Sequoia Capital, IDG Ventures and Lightspeed Venture Partners.

Previous funding

• $1.7M in Seed round on January 1, 2012
• $12M in Series A on 2014 from Danhua Capital, Sequoia Capital, Lightspeed Venture Partners, Microsoft Ventures and ZhenFund,China Rock Capital.

What is next for EverString?

The company has raised $30 million in june and with the lastest funding the total amount raise to date amounts to around $90 M. Its healthy Series B round underscores the demand for better customer data for informing both business to business campaigns and consumers.

EverString currently employs over 100 people. The new funding raised will go towards sales team research and development and for expanding its sales team.

More about EverString

EverString was founded in 2012 by Vincent Yang. It has its headquarters in San Mateo, CA. This is an innovative platform which promises that predictive marketing is a reality. The company helps in building new pipeline and increases conversion rates with the only account based, predictive platform for business to business sales and marketing.