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© 2015, South Central Ventures

Cognism raises $12M to expand across Europe and set the global standard for data compliance

Our portfolio company Cognism, the world’s leading all-in-one globally compliant prospecting solution, announces it has raised $12M in funding.

The funding round was led by AXA Venture Partners and is an extension to the $10M already raised with PeakSpan Capital. Since that last funding round, Cognism has opened an office in New York and expanded its three offices in the UK, Europe and Asia. The company also enhanced its AI expertise with James Hodson, former Head of AI at Bloomberg, joining as Chief Science Officer.

Through its association with a top UK law firm focused on data protection, Cognism has built a world-leading GDPR compliant prospecting solution. Cognism’s dedication to adhering to the GDPR is matched by the strength of its revenue growth. The company has continued to grow over 150% each year and expects that to continue. Cognism’s B2B lead generation tools are trusted by over 500 clients internationally, across industries such as sales, marketing, recruitment and technology.

Read what Cognism CEO James Isilay and Imran Akram, General Partner at AXA said about the investment here.

Cognism intends to use the AXA funding to open more offices across Europe and deepen its localised regulatory expertise; this will help the company to fulfil its goal of setting the global standard for data compliance in 2020 and beyond.