Datanyze Raises $2 Million Investment to Take on the Lead Generation Space

August 26, 2014 Ilya Semin

Today, I’m thrilled to announce that we have raised $2 million in seed funding. The round features a world-class group of investors, led by IDG Ventures, with additional investments from Google Ventures, Mark Cuban, AngelList, Gil Penchina, Neeraj Agrawal, Jeff Epstein and Kyle York.

Two years ago, when I first thought of the idea for Datanyze, I never imagined that this tool would change the workflow of so many sales teams. We’ve grown quickly, with 1000s of users across the US and Europe and positive reviews from companies like KISSmetrics, Fastly and Dyn. We’re grateful to be backed by incredible investors like Mark Cuban and Alex Rosen, who had great things to say about investing in the Datanyze team:

“Like investments, sales is all about context and timing. When I saw what Datanyze was doing with technology data, I knew I was in.” – Mark Cuban

“Over the past decade, technology has revolutionized how sales and marketing professionals do their job, and Datanyze is leading yet another huge wave of software-based sales and marketing intelligence solutions.”
- Alex Rosen, IDG Ventures

In the increasingly crowded technology space, having accurate, up-to-date intelligence on the competition has become critical for business survival. With Datanyze, sales executives can not only uncover which prospects are using a competitor’s software, but also determine the day they started or stopped using it.

Anchored by technology data, our goal is to become a complete lead generation solution. After talking to customers, it has become apparent that modern sales teams are moving away from buying lists. These assets depreciate the moment they are purchased and often contain information that is wildly inaccurate for smaller companies and startups. Because we refresh our entire database of companies and contacts every week, I believe we have a natural advantage over list providers on this front.

The funding round marks the beginning of an extremely exciting journey for the entire Datanyze team. And to help us along the way, we’re looking for scrappy, hard-working perfectionists with a passion for startups. To see where you might fit in, I highly recommend checking out our careers page — we’d love to hear from you!

Ilya Semin
Founder & CEO

About the Author

Ilya Semin

Ilya is the founder and CEO of Datanyze. During the week, Ilya leads the management team in shaping the overall vision, culture and strategy of Datanyze. On weekends, Ilya puts on his developer hat and has been known to build game-changing new products by Monday morning.

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