New funding for Squirro

In the wake of its successful development over the past 12 months, Squirro, a personal digital research app, announces that it received a considerable infusion of capital from the international consortium of investors who participated in the initial seed funding.
 
The group of investors consists of highly influential individuals and companies who have been catalysts in the ERP, CRM and BI industries over the past two decades, and include former executives of QlikTech, Siebel Systems and SAP AG, as well as Hoepfner, Zürcher Kantonalbank and the Hasler Foundation.
 
Alex Ott, founder of CrossContinentalVentures, said of his continuous support in Squirro: “The ever increasing deluge of data and unstructured information that corporations and individuals are consistently bombarded with remains a real problem. It is very gratifying to see that Squirro, with its groundbreaking, but “simple-to-turn-on” and fun to use application, is getting phenomenal response from users. We are ecstatic to be part of this continuing journey.”
 
The funding will be used to develop Squirro further, to leverage the application across additional CRM platforms (Squirro is available on Saleforce AppExchange, on SAP Business by Design and as a standalone version), and to expand its international reach.
 
Squirro is considered the most intuitive Sales Intelligence solution available today. It provides actionable intelligence to sales representatives, key account managers and marketing professionals. Its approach is based on contextual keywords and smart signal interpretations from multiple sources.
 
Up and running literally in minutes, Squirro helps users solve the problem of information overload and clutter: it’s like a noise-cancelling headset. It is designed to work according to the way people seek and consume content – based on topics of interest not predefined categories. The result is a continuously updated living collection, which can be analyzed for actionable intelligence.
 
While this non-numeric business intelligence is highly appreciated by sales and marketing professionals, Squirro adds value instantaneously to anyone who wants actionable real-time feeds, both from internal and external sources.
 
Squirro is developed by passionate internet geeks and entrepreneurs with high ambitions: To simplify the everyday need to find, remember, organize and share important information. They created Squirro following Memonic, the award-winning, online note-taking app and the Swiss search engine local.ch.