Predictive Analytics Firm Leadspace Raises $18m

In the US, predictive analytics specialist Leadspace has raised $18m in new funding, which it will use to expand its geographical presence and to build a solution for predictive-based demand generation with integrated lead discovery and scoring.

Based in San Francisco and Tel Aviv, Leadspace has developed a platform which combines social media, web, intent, and structured data to enrich, discover and score in real-time both companies and individuals who have the greatest intent to buy.

Its new funding round has been led by Battery Ventures with participation from other previous investors, JVP and Vertex.

CEO Doug Bewsher (pictured) comments: 'Leadspace has proven to double conversion rates, add millions in new revenue and fill the pipeline with the most valuable and likely-to-convert leads. We're very pleased that investors have recognized the intrinsic potential of our best-in-class technology and expanding data partnerships that give us a competitive edge in the predictive analytics space.'

Web site: www.leadspace.com .