Kenshoo, which currently delivers more than 1 trillion digital advertisements on an annualized basis and tracks more than $200 billion in annualized online client sales revenue, recently announced $20 million in growth financing round led by Bain Capital Ventures.
"From the beginning, Kenshoo's focus has been finding and creating solutions to the most complex problems marketers face on a daily basis," said Yoav Izhar-Prato, co-founder and chief executive officer of Kenshoo. "Our new partnership with Bain Capital Ventures and the continued support of existing investors is evidence of the strength of the digital marketing industry as well as Kenshoo's unique positioning with predictive media optimization."
Kenshoo's existing investors, Sequoia Capital, Arts Alliance and Tenaya Capital also participated in the round.