zeotap secured €12M in investment backed by New Science Ventures, Capnamic Ventures, Iris Capital

zeotap, a Berlin, Germany-based software developer of a data platform, announced raising €12M ($12.8M).

The money was provided by investors including New Science Ventures, Capnamic Ventures, Iris Capital and will be used to improve its team in Bangalore in the areas of engineering and data science.

zeotap, founded in 2014 by CEO Daniel Heer, creates large-scale datasets for the digital advertising market and other industries.

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