Carto Raises $61M in Series C Funding
- Carto, a NYC-based cloud native spatial analysis platform, closed a $61m Series C funding
- The round was led by Insight Partners, with participation from the European Investment Fund, as well as existing investors Accel, Salesforce Ventures, Hearst Ventures, Earlybird and Kibo
- The companyis a cloud native location intelligence platform, enabling organizations to use spatial data and analysis for more efficient delivery routes, behavioral marketing
- Spatial analytics enables organizations to understand where and why things happen
- With support for Google BigQuery, Snowflake, Amazon Redshift, Databricks and PostgreSQL systems, the platform is used by market leaders such as JLL, Mastercard and T-Mobile and CARTO
- The company has more than 150 employees spread across the US and Europe
