Kenshoo raises $12M in late stage round
Digital marketing software company Kenshoo today announced a $12 million late stage financing round led by Tenaya Capital. Existing investors including Sequoia Capital also participated in the round.
Kenshoo has three business units: Kenshoo Enterprise, Kenshoo Local and Kenshoo Social. Kenshoo Social is a Facebook Strategic Preferred Marketing Developer with access to the latest features of the Ads API, as well as the Facebook Exchange.
The company says it delivers nearly 1 billion targeted Facebook ads per day through its platform, which has recently been redesigned to optimize the ad creation process, campaign management and reporting.
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