San Diego software firm Tealium scoops up another $96 millio

San Diego software firm Tealium scoops up another $96 million in funding


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San Diego’s Tealium, which makes software that aggregates customer data in real time across multiple collection points, said Wednesday that it closed a $96 million funding round that puts the valuation of the company at $1.2 billion.
Founded in 2008 by former WebSide Story executives, Tealium plans to use the funds for further product innovation on its data platform, which combines information from the web, mobile, offline sources and Internet of Things devices in real time to help businesses deliver more personalized services to their customers.
“We have seen an acceleration in global enterprises selecting Tealium’s customer data platform because we can help them realize business value quickly, which is critical in these dynamic times,” said Jeff Lunsford, chief executive of Tealium. “This new capital will be invested in expanding our customer success, ecosystem development and product development teams around the world.”

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