NEWS30 April 2013

ClickTale raises $17m in funding

Financials Middle East and Africa

ISRAEL — Web analytics company ClickTale has raised $17m in a series B funding round.

The investment was led by European technology investor Amadeus Capital Partners and also included Goldrock Capital and Viola Credit, which granted the company a $3m credit line.

CickTale said the investment would fund product development and accelerate global growth.

“We are excited to have Amadeus and Goldrock join ClickTale as we continue to create more value for our customers by helping them achieve online success,” said CEO Tal Schwartz. “This investment will enable us to broaden our product offerings, invest in R&D and expand our operations globally.”