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Venture Capital News: Data Genomix Announces Series A Funding

       
CLEVELAND, OH, Data Genomix announces a Series A funding round.
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The round was led by Edward Crawford and Zanite Ventures, a Cleveland, Ohio-based early stage venture capital firm whose investors include Steven Rosen. This is the first venture capital round for Data Genomix, a marketing technology startup that brings leading-edge targeting, analytics, and machine learning to industries such as the online recruiting vertical. Data Genomix's recruiting software-as-a-service, anglr, will be launching fourth quarter of 2017 with an initial focus on recruiting healthcare professionals.

"When your organization needs to hire hard-to-reach healthcare professionals, it's easy to get lost in the ocean of the nearly 2 billion online job-seekers," said Nick Martin, Data Genomix CEO. "Fortunately, our tools net you exactly the right talent for your team."

When combined with existing revenues, this funding gives Data Genomix sufficient capital to modernize verticals already benefiting from their targeting and recruiting tools.

"Data Genomix is one of the best kept secrets in the marketing technology industry. With its explosive growth, strong IP strategy, and long-term vision, Data Genomix is very well positioned to make an impact in the new, socially-driven targeted marketing and recruiting markets," said Zanite investor Steven Rosen. "The team at Zanite Ventures liked Data Genomix from the very beginning and is proud to lead Data Genomix's Series A funding round. In addition to effective digital marketing, the analysts at Zanite believe Data Genomix in the not so distant future will transform the largely passive recruiting space and to me that is very exciting."

Data Genomix was founded in 2016 and is post-revenue with strong multi-vertical prospects. Headquartered in Cleveland, Ohio, Data Genomix has hired forward-looking targeting and analytics expert, Nick Martin, to lead the company as CEO. Co-Founder Geoff Loree, who held senior executive positions in the recruiting software industry in Silicon Valley and the Vice Chairman's office of Heidrick & Struggles, will round out the Board of Directors for Data Genomix with Steven Rosen.

About Data Genomix
Data Genomix is a Cleveland, Ohio-based marketing technology startup that brings leading-edge targeting, analytics, and machine learning to industries such as the online recruiting vertical. Data Genomix's recruiting software-as-a-service, anglr, will be launching fourth quarter of 2017 with an initial focus on recruiting healthcare professionals.

About Zanite Ventures
Zanite Ventures is a Cleveland, Ohio-based venture capital firm focused on early stage investments in technology, software, healthcare technology, medical device, IoT internet of things, robotics and AI artificial intelligence. Representative experience includes Midwest based investments in Data Genomix (marketing technology), ApplyBoard (education), Robots and Pencils (IT services), Convelo (stem cell biotech), Cardinal Commerce (acquired by Visa), HET Healthcare (acquired by Covidian), Luminar Surgical (acquired by Boston Scientific), and Management Reports Inc. (acquired by Intuit).
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