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DataXu Raises $27M

DataXu, a provider of digital marketing software for the enterprise, has closed $27 million in funding.

The investment was led by Thomvest Ventures, a venture capital group headed by founder and managing director Peter Thomson, a director of Thomson Reuters. All three current major investors – Atlas Venture, Flybridge Capital Partners and Menlo Ventures – participated in the round.

Stefan Clulow, managing director of Thomvest, has joined DataXu’s board of directors with this investment.

[Image courtesy: DataXu]

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