FullContact Expands Global Footprint with Acquisition of Profoundis

 

Profoundis

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23 August 2016, India :
FullContact, provider of the most powerful contact management platform for professionals and enterprises, today announced the acquisition of Profoundis.

Profoundis envisions touching the lives of people by creating a range of visionary products and delivering services with distinctions. It was founded by a team of technology and management enthusiasts who pursue the same vision. It started its operations in 2012 based out of Kerala, India. It offers a wide spectrum of data solutions to enterprises.

Keyur Patel, Chairman of Profoundis and Founder, Chairman of Fuse Global Ltd. said, “The acquisition of Profoundis marks a key milestone for Kerala and its startup community.”

“It also indicates the growing maturity of startup teams in the enterprise space and showcases the global cultural and technological synergies that are evolving. FullContact is the fastest emerging player in the contact management space and picking Profoundis to become part of its growth clearly shows the value each company can derive over the coming years at a global scale,” he added.

FullContact’s purchase of Profoundis follows $25 million in new funding, which the company will use to accelerate its growth, recruit global talent and fund further acquisitions.

“As a strategic partner, Profoundis has been instrumental to adding value and increasing the effectiveness of our data solutions for our clients,” said Bart Lorang, co-founder and CEO of FullContact. “Together we can further accelerate the growth of FullContact as we continue to build the most powerful fully-connected contact management platform for professionals and businesses.”

FullContact is the most powerful fully-connected contact management platform for professionals and enterprises who need to master their contacts and be awesome with people. FullContact’s cross-platform suite of Apps and APIs enhance contacts with insights, while keeping them organized, synchronized, up to date, and safe.

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