Leadspace, a predictive analytics platform provider, has raised $18 million in a round of funding led by Battery Ventures. The company plans to use the investment to expand its customer base and increase product innovations.
The investment also positions Leadspace to solidify its place within the predictive analytics market. The company has seen 3-times quarter-over-quarter growth in the past year and has more than 100 active customers.
"We're very pleased that investors have recognized the intrinsic potential of our best-in-class technology and expanding data partnerships that give us a competitive edge in the predictive analytics space," said Doug Bewsher, CEO for Leadspace.