CleverTap

WizRocket, Inc.
CleverTap
Private
Industry Analytics
Founded May 2013 (2013-05)
Founders
  • Anand Jain
  • Sunil Thomas
  • Suresh Kondamudi
Headquarters Sunnyvale, California, U.S.
Area served
 Worldwide
Services Mobile analytics, User engagement
Website clevertap.com

CleverTap is a SaaS based behavioral analytics company based in Sunnyvale, California. Founded in May 2013, it provides mobile app analytics and user engagement products to more than 4000 companies.[1] The company is backed by Sequoia Capital and Accel Partners.

History

Co-founder Anand Jain met Sunil Thomas and Suresh Kondamudi during his stint at Network 18 after his previous company, Burrp, was acquired by Network 18 in 2009.[2] Together, they started CleverTap in May 2013.[3] BookMyShow was the first customer in October 2013.[4] CleverTap announced its US launch in September 2015 during TechCrunch Disrupt Battlefield in San Francisco.[5] During this time, the company also changed its trading name from WizRocket to CleverTap.[3]

Funding

The company secured a seed funding of USD 1.6 million from Accel Partners in July 2014.[6] It secured an additional Series A funding of USD 8 million from Accel Partners and Sequoia Capital in August 2015.[6] In May 2017, the company announced that it was planning to raise a Series B funding of USD 20 million from existing and new investors[1] and in October 2017, secured an undisclosed amount of funding from RSP India Fund, investment subsidiary of Recruit Holdings.[7][8]

Awards and recognition

In 2017, TiE Silicon Valley included CleverTap in its list of TiE50, World's 50 Most Promising Technology Startups.[9] Sunil Thomas, CEO of the company, was named as one of the 25 Marketing Technology Trailblazers in 2017 by Advertising Age.[10]

See also

References

  1. 1 2 Sahay, Priyanka. "Clevertap to raise $20 million from existing, new investors". Money Control. e-Eighteen.com Ltd. Retrieved 12 December 2017.
  2. ↑ Sharma, Priyanka (3 March 2017). "Anand Jain, Co-Founder, Clevertap". India Infoline News Service. Dalal Street Investment Journal. Retrieved 12 December 2017.
  3. 1 2 Abudheen K, Sainul. "Success is a moving target: CleverTap Co-founder Anand Jain". E27. Entrepreneurs 27. Retrieved 12 December 2017.
  4. ↑ Sangwan, Sujata (9 June 2017). "CleverTap, A Platform for Behavioral Analytics and User Engagement". BW Disrupt. Business World. Retrieved 12 December 2017.
  5. ↑ "Mobile Engagement Platform, CleverTap, Launches in the U.S." Business Wire. 24 September 2015. Retrieved 12 December 2017.
  6. 1 2 Pai, Vivek. "WizRocket secures $8M from Sequoia and Accel Partners". MediaNama. Mixed Bag Media Pvt. Ltd. Retrieved 12 December 2017.
  7. ↑ "Japan – Recruit Holdings Q2 Revenue Up 11%, Growth Boosted By Staffing And HR Technology Segments". Staffing Industry Analysts. Crain Communications Inc. Retrieved 12 December 2017.
  8. ↑ "Recruit : Invests in WizRocket, Inc., Developer of Mobile Marketing Platform "CleverTap"". 4-traders.com. Surperformance. Retrieved 12 December 2017.
  9. ↑ "2017 TiE50 Winenrs". TiE50 Awards Program. TiE Silicon Valley. Retrieved 12 December 2017.
  10. ↑ "Introducing Ad Age's 25 Marketing Technology Trailblazers 2017". AdAge India. Advertising Age. Retrieved 12 December 2017.
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