Customer Analytics and Decision Management Software
Intelligent Results Secures Additional $8M in Funding to Fuel Increasing Demand for Mixed-Data Customer Analysis and Scoring Solutions
Current Investors Provide Series B of Financing
Bellevue, WA, May 19, 2004 -- Intelligent Results (www.intelligentresults.com), a leading provider of customer relationship analytics solutions, announced today that the company has received $8 million in a Series B of funding from current investors Menlo Ventures, Ignition Partners and OVP Venture Partners bringing their total investment in Intelligent Results to $22 million.
"Intelligent Results continues to build momentum. This latest commitment by our investors is a testament to the progress we've made and to their strong support" said Kelly Pennock, president and chief executive officer at Intelligent Results. "We will use this round of investment to extend our product leadership in analytics and our reach into our primary financial services markets."
Intelligent Results' mixed-data solutions harness both structured and unstructured data to deliver superior customer relationship analytics for the financial services, retail and telecommunications industries. This additional funding will be used to further increase the sales, marketing and product development teams to help meet the increasing demand for the company's products and services.
"This infusion of capital will allow Intelligent Results to expand their beachhead and serve the predictive analytic needs of their target customers," said Dave Chen, general partner at OVP Venture Partners. "We're confident the Intelligent Results team is on its way to growing into the category leader."
About Intelligent Results
Intelligent Results is the leading provider of customer relationship analytics solutions leveraged by the financial services, retail and telecommunications industries for business intelligence and predictive modeling and scoring. Intelligent Results' solutions use mixed-data to more accurately predict customer behavior in applications such as collections, recovery and attrition. With more than 40 employees, Intelligent Results is privately-held and based in Bellevue, WA with an East Coast office in Philadelphia, PA. For more information, visit www.intelligentresults.com.
Media Contacts
Intelligent Results
Debbie DeGabrielle
Chief Marketing Officer
debbie.degabrielle@intelligentresults.com
+1.206.524.6155
Access Communications
Runi Krishnamurty
Account Director
TeamIntelligentResults@AccessPR.com
+1.917.522.3500
Intelligent Results customers are able to manage their business more dynamically with a new standard in customer analytics and decision management software. The Intelligent Results analytics platform allows companies to better understand and predict customer behavior, then quickly plan and implement targeted strategies—resulting in an improved customer experience, more effective resource allocation and increased profitability. Intelligent Results solutions are available through custom analytics engagements, as a software platform, or hosted and delivered as a service. Intelligent Results is a subsidiary of First Data Corporation.