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Evergage Raises $10 Million In Series C Funding

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Evergage, a real-time personalization platform, has secured $10 million in Series C funding led by Arrowroot Capital, which also led the company’s Series B round in early 2016. Additional investors include G20 Ventures and PJC. The new financial round brings total funding for Evergage to $31.5 million.

The company will use the funding to expand internal departments including engineering, sales, marketing and client success, and to grow internationally. Companies such as ZALORA, Walmart México, Lenovo and Newegg Flash work with Evergage to deliver one-to-one personalization based on behavioral analytics, customer data and machine learning.

“We’re excited and proud to have received this $10 million Series C funding from Arrowroot Capital and existing investors — representing a strong endorsement of our team, technology and direction,” said Karl Wirth, Co-founder and CEO of Evergage in a statement. “We look forward to driving more innovation and further expanding our business, so we can enable even more companies to cater to and delight their customers.” 

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