Qubit secures $26m Series B funding in deal led by Accel Partners

Investment in 2014 Young Gun-founded company takes total raised to date to $33.5m

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  • Megan Dunsby

Web personalisation start-up Qubit, founded by Emre Bamran and 2014 Young Guns Daniel Shellard, Graham Cooke, and Ian McCaig, is set to further exploit the rising demand for analytics after raising $26m in a Series B round led by Accel Partners.

The deal, which takes its total funding to date to an impressive $33.5m, also saw participation from Salesforce Ventures and original investor Balderton Capital.

With a founding team comprised of former UK and US Google employees, Qubit is an analytics platform which delivers website personalisation to “actually impact the bottom line” using tools to help businesses understand exactly what works and what doesn’t.

Since its launch in 2010, the tech start-up has achieved 250% year-on-year revenue growth and has worked with leading names including Monsoon, Arcadia Group, TalkTalk and Superdry.

It will use the latest investment to drive further growth of the business.

Megan Dunsby

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