PayPal joins returning investors Nauta Capital, Juno and Finance Wales in backing the commerce optimisation specialist
31st July 2017, London –Today Cloud IQ, the commerce optimisation platform, announces that it has raised a £4m round, including an investment from PayPal (NASDAQ: PYPL). This investment will enable Cloud IQ to democratise digital marketing, enabling businesses of all sizes to deliver dynamic individual user experiences that are beneficial to both consumers and the merchant.
Cloud IQ makes ecommerce sites work better without requiring any integration or changes to a site. Its platform interprets data and behaviour to provide individual experiences resulting in consumers becoming loyal customers. Global brands, Samsung, EE and TUI are taking advantage of Cloud IQ’s fully automated artificial intelligence (AI) platform enabling them to complete more customer journeys, driving up revenues and increasing marketing ROI.
- Published: 07 August 2017
- Written by RealWire