SessionM, a provider of mobile-first loyalty and engagement solutions, has some new money to invest in making some good things even better.
A rep for the company tells MMW that they have just closed a new $12M investment round led by Causeway Media Partner and including participation from a number of other companies.
“The investment is the latest milestone for SessionM, having seen its revenue double every year for the past three years while booking eight consecutive quarters of double-digit sequential growth,” a provided statement reads.
The company says its latest funding will allow SessionM to roll out its new enterprise solutions faster and execute on a growing number of major multi-year deals.
“Our 1,500 app developer clients know that our platform keeps customers and keeps them engaged longer,” says SessionM CEO and co-founder Lars Albright in a news release. “Big brands now know that mobile is the central point for customer engagement and isn’t just about apps. With the SessionM mobile enterprise platform, they’re now able to act accordingly across the whole consumer experience to better engage, message and target their most valuable consumers. We do all this while integrating with existing solutions and in the process make the entire marketing stack more intelligent and effective.”