London-based Cognism is one of the leading all-in-one globally compliant B2B prospecting solutions in the world. It is powered by patented Artificial Intelligence (AI) technology and provides organisations with compliant B2B data and a suite of sales acceleration tools. The company lets worldwide business customers find and deliver new revenue at a faster rate.
Secures €10.6M funding
In a recent development, Cognism has announced that it has bagged $12 million (nearly €10.6 million) funding in a round led by AXA Venture Partners. It is an extension to the already secured $10 million (nearly €8.9 million) it raised from PeakSpan Capital. With the latest funding round, Cognism prepares itself for the next stage of growth.
AXA Ventures Partners is known for investing in great entrepreneurs and companies. Cognism will use the investment to open more offices across Europe. It will also deepen its localised regulatory expertise that will help it fulfil its ambition of setting a global standard for data compliance in 2020.
The last funding round helped Cognism open an office in New York and expand its offices in the UK, Asia, and Europe. It also enhanced its AI expertise by roping in James Hodson, who was the former head of AI at Bloomberg as its Chief Science Officer.