Big Data meets Marketing Again – this time in the world of “offline” CPG
This is a guest post by my colleague Ajay on why we invested in InfoScout. See how this startup is fundamentally disrupting the market research industry via mobile.
Today InfoScout announced the launch of their company and their analytics dashboard for Consumer Packaged Goods (CPG) marketers. Bain Capital Ventures, along with Founder Collective and Dunnhumby Ventures, led a $5M Series A funding round in the company. We are thrilled to be partnering with the InfoScout founders, Jared and Jon, along with the entire InfoScout team.
We’ve discussed in the past here and here the rise of Marketing as the next great function in enterprise technology. A new wave of startups is leveraging Big Data and cloud computing to deliver incredible power to CMOs, giving them access to real-time insights and helping them drive faster, more data-driven decisions. InfoScout is leading this trend in the CPG industry where the marketing challenge is even more acute since the CPG brands don’t’ have direct access to the customer data (this is owned by the retailers) and the customer purchases take…
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Posted on October 21, 2013, in Analytics, Bain Capital Ventures, Big Data, Big Data Applications, Marketing Software, SaaS, Software-as-a-Service and tagged Bain Capital Ventures, Big Data, Big Data Applications, Fundraising, SaaS, Software-as-a-Service. Bookmark the permalink. Leave a comment.