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Infer Raises $10 Million VC Financing

Thursday, April 25, 2013 5:56:00 AM PDT | VentureDeal

Palo Alto, California  --  Software technology company Infer has secured $10 million in its Series A round of institutional venture capital funding.

Infer is developing software that uses data to help companies gain more customers.

Redpoint Ventures led the round, which also included Andreessen Horowitz, The Social+Capital Partnership, Sutter Hill Ventures and other undisclosed investors.

The company said it would use the funding to grow its engineering team and implement its sales and marketing initiatives.

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