Data insights startup CiValue took in a $2.4 million investment for its marketing software, which aims to help grocery, health, and beauty retailers, the company announced today.
Nielsen Innovate, Korean-Israeli fund Mac Fund, and T-Mobile’s parent company Deutsche Telekom backed the round for the Israel-based startup.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1904828,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"D"}']“We invested in CiValue because Beni Basel is a true pioneer and innovator with fifteen years of experience in the field of retail personalization and recommendation,” said investment manager at Deutsche Telekom, Ralph Riecke. “He’s supported by a team with strong technical and business proficiencies that will enable growing ciValue’s business exponentially.”
CiValue has raised at least $4.7 million since 2014.
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