San Francisco, CA (PRWEB) June 5, 2008
Enquisite, Inc., a developer and provider of the next generation of search analytics solutions, today announced that it has secured $3.2 million in Series A funding. The investment was led by Jeff Webber, Managing Director of The Entrepreneurs Fund III, a Silicon Valley based, early stage venture fund focused on Web 2.0 Software startups.
"Enquisite leapfrogs traditional web analytics tools with its highly effective focus on search analytics," said Webber. "We chose to fund Enquisite because its products and services benefit not only search marketing professionals, but also the entire search industry by providing tools that further optimize search."
"There is a tremendous need among search marketers to push their website pages to the top in natural search rankings," said Richard Zwicky, founder and President of Enquisite, Inc. "In working with search marketers and industry experts, we developed search analytics solutions that beam a laser light on the best methods of optimizing a campaign."
Founded in 2006, Enquisite, Inc. has a user base of 4,500 and growing. The company also recently opened its new headquarters in the Veronica Building, located at 649 Mission Street, near the Moscone Center, in the heart of downtown San Francisco.
The Series A funding will be used primarily to build out Enquisite's sales and marketing teams, and further support development of new features and products. Funding will also allow Enquisite, Inc. to focus on forming strategic partnerships with leading digital agencies.
About The Entrepreneurs Fund III
The Entrepreneurs' Fund III (TEF3) is a Silicon Valley based, early stage venture fund focused on Web 2.0 Software startups. It is the latest in a series of successful early stage funds which include The Entrepreneurs' Fund (TEF), The Entrepreneurs' Fund II (TEF2) and The Entrepreneurs Growth Fund (TEGF).
Like its predecessors, TEF3 takes a value-add approach to early-stage investing, providing entrepreneurs with more than just capital. As former company founders, CEOs, Board members and senior executives, TEF3 partners know what it takes to build successful companies. Its hands-on approach to investing draws on deep operational experience and on the collective expertise of its partnership with its extensive network of advisors, area experts, and business leaders. Through combined access to financial capital, the right people and the right resources, TEF3 helps entrepreneurs transform innovative ideas into the successful companies. For more information, visit http://www.tef3.com.
About Enquisite, Inc.:
Enquisite, Inc. is a developer and provider of the next generation of search analytics solutions. Founded in 2006, Enquisite offers search marketers unparalleled insights into search page rankings and visitor behavior from both organic and pay-per-click search listings.
Enquisite Pro is a search engine referral analysis suite that provides in-depth information about web site visitors referred by search engines. Used by search engine optimization and pay-per-click (PPC) marketing specialists, Enquisite Pro delivers a wide array of search referral data with metrics ranging from a 'big picture' overview to extremely granular information about local search markets.
The company has offices in San Francisco, CA and Victoria, British Columbia.