Skupos Raises $26 Million in Series B Financing Round
June 13 2019 - 5:38PM
Dow Jones News
By Stephen Nakrosis
Software company Skupos said Thursday it received $26 million
from its latest Series B financing round.
The company, developers of a data platform for convenience
retail, said the round was led by Insight Partners. Other
participants included Unilever Ventures, Tao Capital and prior
backers Toba Capital, Dynamo Ventures, and Loup Ventures.
Skupos said its customer base has more than doubled in recent
months, from 3,000 customers to over 7,000.
Proceeds from the current round will be used for ongoing product
development and strategic expansion, the company said.
Skupos said it has raised $37 million in venture capital to
date.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 13, 2019 18:23 ET (22:23 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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