- Glassbox, a leading analytics platform used for optimizing user experiences on web and mobile applications, announced it raised $40 million
Glassbox — a leading analytics platform used for optimizing user experiences on web and mobile applications — announced it raised $40 million in Series C funding led by Brighton Park Capital.
In connection with the funding, Lisa Hammitt, Global VP of Data & AI at VISA and Special Advisor to Brighton Park, and Brighton Park partner Zachary Gut will join the board. Existing investors include Updata Partners, Ibex Investors, Gefen Capital and CEIIF bringing the Glassbox’s total funding to $70 million.
Founded by Yaron Gueta, Hanan Blumstein, and Yoav Schreiber, Glassbox’s technology equips enterprises with a new generation of visibility over their digital platforms. And companies are able to receive a complete playback of every digital customer journey, identify vital trends, and patterns to optimize the customer experience and maximize efficiency.
This funding news comes after a record first quarter and full-year 2019 for Glassbox. The company’s revenue more than doubled for the third year in a row. And the company is expected to maintain strong momentum this year as well.
With this funding round, Glassbox will be expanding their teams globally as well as investing in further enhancing their products.
“Even in these extremely difficult times, digital traffic is surging and companies are focused on how to communicate with new and existing customers digitally. Our technology helps the most sophisticated companies in the world map, protect and grow their digital assets. The Glassbox platform bridges the gap between traditional APM and front-end marketing solutions with thousands of users across different departments using our technology. We are on a mission to help great companies achieve excellent digital outcomes, and our investors’ confidence in us at this moment in time is inspiring.”
-Glassbox CEO Yaron Morgenstern
“Glassbox stood out as the best product in an important, growing market. The company’s approach enables businesses to seamlessly enhance their capabilities and remain competitive in a rapidly evolving world defined by digitization. We are thrilled to be partnering with Glassbox’s talented team and join them on their exciting journey.”
-Brighton Capital partner Zach Gut