ContentSquare Raises $42 Million in Series B Funding

ContentSquare, a SaaS digital experience insights platform, has raised a $42 million Series B funding round led by Canaan. Highland Europe, Eurazeo and H14 also participated.

ContentSquare computes billions of touch and mouse movements every day in 191 countries, transforming this knowledge into actions that increases engagement, reduces operational costs and maximizes conversion rates. Used by content, ecommerce, analytics, acquisition, IT and UX teams, ContentSquare’s goal is to become the first fully automated, artificial intelligence-driven digital experience platform.

“Since our founding, we have been dedicated to understanding how and why consumers interact with their favorite brands’ websites, mobile and apps – and to use that data to improve our customers’ digital experiences, measure content efficiency and, ultimately, increase sales,” said ContentSquare’s CEO Jonathan Cherki. “By improving and automating digital experience analytics, our innovative technology has become a secret weapon for some of the best brands all around the world. This round is a testament to the value we bring to our customers, and we’re very excited about our growth ahead.”