BigData Analytics Iqlect Secures $2.5 million by VentureEast
Web analytics solution provider Iqlect has raised funds amounting to $2.5 million (approx ₹17.2 crore). The latest funding round was led by new investor VentureEast and existing investor Exfinity Ventures.
The company has plans to use the funds raised from the latest funding round to add leadership team in Bengaluru and also hire more engineering and sales talent. Iqlect is in the process of shifting its headquarters to San Jose, US, and is also looking to add go-to-market and tech talent in the US too.
“We are looking to hire VP’s for engineering, product management, marketing and sales and also a country manager for India. Also, we are flipping the company to make it a US company. So, we are hiring go-to-market folks and a few key tech guys for our US office,” said Sachin Sinha, CEO ...