eBureau Secures $12 Million in Series B Funding

 2007-08-21 14:02:04

Funding Led by Led by Redpoint Ventures

eBureau, an innovative provider of predictive scoring and information solutions, today announced it has raised $12 million in Series B funding led by Redpoint Ventures, a leading Silicon Valley-based venture capital firm, along with existing investor Split Rock Partners.

The financing, which brings eBureau’s total raised capital to date to $28 million, will be used to expand eBureau’s product development, sales, and marketing activities.
As part of its investment in eBureau, Redpoint Ventures partner Chris Moore will join the eBureau board of directors, effective immediately.

eBureau is applying a new, reinvented approach to predictive scoring across multiple markets, including direct marketing, credit and collections, and online advertising. Today, more businesses can realize the benefits of predictive scoring in real-time marketing and e-commerce processes. eBureau is making predictive scoring a widespread, mainstream tool for helping companies make smarter decisionsthroughout their customers’ lifecycles to improve profitability and gain important competitive advantages.

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