Canadian VC Leads $30 Million Round in San Diego Startup

Tealium today announced $30.7 million in Series D financing.

The large round in the California company was led by Georgian Partners, which is based in Toronto. Other firms involved in the round include Bain Capital Ventures and Battery Ventures.

The funds will be used to “continue to expand operations both domestically and internationally, and accelerate product innovation in delivering actionable, omnichannel data across the enterprise based on real-time customer intelligence,” according to Tealium.

“Tealium’s mission is to help our customers grow their businesses by capturing and serving up real-time, 360-degree customer insight to all of their enterprise applications,” said Jeff Lunsford, CEO of Tealium.

“We believe companies that will thrive in the world of the demanding, omnichannel consumer are those who can gather customer intelligence in real time, and use that intelligence to provide more relevant experiences for their customers,” he added.

Justin LaFayette, managing partner and co-founder of Georgian Partners, will be joining Tealium’s board of directors.

“Georgian Partners, with their deep history in analytics and data platforms, share both our heritage and our vision of building a real-time data supply chain,” said Lunsford.

“Tealium delivers one of the greatest assets available to an organization: actionable, first-party data,” said LaFayette.

“The power of owning your data, collecting and enriching that data in real time, and then using it to take relevant, immediate action is unparalleled,” he added.

Georgian Partners is a growth equity firm investing in expansion stage enterprise software, internet and information companies that are exploiting applied analytics: the convergence of cloud-based business solutions, big data, and broad information rights.

Last week Europe-based Docebo raised $3 million in growth equity from Toronto’s Klass Capital to accelerate the growth of its SaaS enterprise e-Llearning platform.