Stockholm-Based Campanja Raises $5M in Series A Funds
February 18, 2014
Campanja, a provider of Big Data and real-time bidding solutions that are designed to improve search engine marketing results, has raised $5 million in Series A funding from Hoxton Ventures and DFJ Esprit. Campanja's technology aims to reduce the cost of acquiring customers, allowing users to optimize advertising spend in real-time, adjusting for location, time and seasonality. The new capital will be invested in platform development, key hiring in Palo Alto and Stockholm, and international expansion, including opening new offices in London and New York. Founded in 2010, Campanja has expanded rapidly in the past year, growing to 44 employees and serving customers in the U.S., Europe and the Middle East.