iCharts Secures $3.1M Series A Funding To Expand Product Offering to Mainstream Consumers
iCharts, Inc., a cloud-based interactive charting platform, today announced the closing of a Series A private equity financing of $3.1M. Regehr Capital Management Group, Saeed Amidi of Plug N Play, and Lorenz Graef of GlobalPark participated.
SUNNYVALE, CA, February 29, 2012
iCharts, Inc., a cloud-based interactive charting platform, today announced the closing of a Series A private equity financing of $3.1M.Regehr Capital Management Group, a German group of super-angels, led the financing. Additional investors include Saeed Amidi, Founder and CEO of Plug N Play and Lorenz Graef, Founder and former CEO of Globalpark, an accredited expert in the market research industry.
"We have filled an industry gap by creating a platform that radically simplifies sharing charts on websites and social media, " says CEO and co-founder Seymour Duncker.
"Marquee customers such as Coca Cola, YouGov, Focus Online, Comscore and IDC, coupled with the doubling of iCharts' page views to nearly 9 Million in the last year are quantifiable testimony of a growing demand for our service. Marketers, educators, students and journalists all need easy-to-use charting tools for the web that require no programming or extensive design skills."
"iCharts unlocks the ability to create charts on the fly that can be easily shared on any website and social network. With iCharts' recently launched cloud-based premium, the company presents a huge opportunity centered on a frictionless business model that I am very excited about," says John Jerrehian from Jerrehian Capital, a recently appointed iCharts board member.
"iCharts has built a credible name for itself in the market research sector, and continues to prove itself as an accessible tool for the general consumer," says Jeff Greenberg, JCG Consulting and executive advisor to iCharts.
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ABOUT iCHARTS
iCharts, a TechCrunch 50 Finalist, is a cloud-based company that makes online data publishing and social sharing of branded, interactive charts easy. The company offers both free and paid online services for the entire data ecosystem from big data owners and businesses to media and consumers. To learn more, visit http://www.icharts.net.
PRESS CONTACT
Michelle Fitzgerald
press@icharts.net
440 North Wolfe Road
Sunnyvale, CA 94085
Ph: 650.472.0650