New Funds, CEO for Competitive Intelligence Firm Owler

Competitive intelligence specialist Owler has raised an undisclosed amount of Series B-1 funding, bringing its total raised to date to more than $26m. As part of the round, co-founders Tim Harsch and Jim Fowler move into the roles of CEO and Executive Chairman respectively.

Owler's database of millions of company profiles is used by business professionals to find out how they stack up against their competitors; and the firm also provides clients with intelligence about their customers and partners.

The latest funding round has been led by new investor, Morningstar founder and executive Chairman Joe Mansueto, with participation from existing investors Norwest Venture Partners and Trinity Ventures. Commenting on the news, Harsch says Owler is opening a 'new chapter', and 'continues to move forward with its founding vision of community growth and the most informative source of business information for every private business in the world'.

Web site: www.owler.com .