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Back to media articles Article of the 07 May 2010
Criteo lands $7 million from Bessemer
Criteo, a company that helps online businesses aim at consumers who have left their site without making a purchase, announced Thursday it had secured a third round of financing for $7 million from Bessemer Venture Partners. That brings the company’s total financing to $24 million.
Criteo plans to use the money to continue its growth in the United States as well as strengthen infrastructure and build data centers, according to a company statement. It also expects to add more employees to its American-based staff of 120. The company recently made a move from Paris to Palo Alto, Calif., after expanding across European markets like Britain, Germany, Spain and Italy.