[Funding alert] Vienna-based JENTIS Secures €11 Million in Series A Round Funding
Nov 28, 2023 | By Team SR
Vienna-based JENTIS secures €11 million in series A round funding. Venture capitalist Bright Pixel Capital (formerly Sonae IM) led the round. 3TS Capital Partners is a new co-investor.
Pragmatech Ventures is also participating, thereby deepening the existing partnership. JENTIS enables companies to control their data collection on the web independently of third-party providers.
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The funding round follows a strong year of growth for JENTIS, as demand for better data capture and data protection compliance increases significantly among companies worldwide. The company's innovative server-side tracking technology moves web data collection away from users' browsers and towards a secure cloud solution.
The JENTIS Data Capture Platform is at the beginning of the data value chain and enables improved data quality, availability and data protection compliance in real time. This has a positive impact on all upstream and downstream tools and platforms, including customer data platforms (CDPs) and analytics platforms.
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JENTIS will use the new investment to accelerate its geographic growth in key markets in Europe and the US and advance its product development. JENTIS is paving the way to universal data collection from all digital data sources - including web, mobile and the Internet of Things - on a single platform.
Thomas Tauchner, Co-Founder and CEO of JENTIS: “We see that the collection of first-party data is becoming increasingly important, at the same time marketers and advertisers are struggling to realize the full potential for their companies. We built our platform to make it easier for companies to capture the highest quality data on the web while remaining compliant with privacy regulations. This round of funding allows us to accelerate our growth and bring our technology to new global markets.”
Leonor de L'Hermite, Operating Partner at Bright Pixel Capital said, “We are seeing demand for accurate data increasing across industries, while availability has plummeted. JENTIS has developed an elegant and powerful solution to a complex problem and is well positioned to be the first to realize universal data capture at the beginning of the value chain. We are excited to be part of the journey and make it much easier for companies to achieve data-driven growth while respecting the privacy of their users,”.
Sever Totia, Partner at 3TS, who also joins the JENTIS Board said, “We are impressed by JENTIS' groundbreaking Data Capture Platform, which defines a new, fast-growing segment in the web infrastructure market. Customers across multiple industries have realized significant increases in marketing and revenue results by leveraging higher data quality while regaining control of their customer data and ensuring compliance. We are very excited to join forces and work with the JENTIS team as the company grows,”.
Evgeny Sergeev, Founder and General Partner of Pragmatech: “We look forward to continuing to support JENTIS as they grow into a leader in first-party data collection and data protection compliance. Since its beginnings and our first touchpoints, the company has grown exponentially, which clearly shows strong market demand and the relevance of the innovations provided by JENTIS. With this new funding, the team under Thomas’ leadership is well positioned to continue its global reach in key markets.”
About JENTIS
JENTIS is an Austrian scale-up specializing in server-side tracking and data protection technologies. The JENTIS Data Capture Platform is an all-in-one tracking solution that provides organizations with improved data quality and data sovereignty while enabling compliance with GDPR and other global data protection regulations.
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