Adtech Startup QuanticMind Secures $20 Million

QuanticMind closed $20 million in Series B financing led by Foundation Capital, with participation from Safeguard Scientifics and Cervin Ventures.

The QuanticMind platform delivers an intelligent, scalable, and fast platform for maximizing advertising performance for enterprises. The company has built a predictive advertising management software for paid search and social channels, which seeks to reinvent ad management point solutions through machine learning, distributed cloud computing, and in-memory processing. According to the company, a global community of data-driven marketers relies on QuanticMind’s data science-powered platform to anticipate and execute the best and most granular advertising investments..