OLD GREENWICH, Conn. & SAN JOSE, Calif.--(BUSINESS WIRE)--WorldQuant Ventures, a leading early stage investment firm, today announced an investment in Sequentum, Inc., a sophisticated web data extraction and web automation software development company.
WorldQuant Ventures’ investment allows Sequentum to scale its business operations in the United States and expedite the launch of new technologies including a cloud version of “Content Grabber,” the company’s data extraction software.
“We believe that Sequentum’s Content Grabber technology is best in class and separates Sequentum from its competitors,” said Steven Lau, Managing Director of WorldQuant Ventures. “Our investment will drive the company’s growth as it reaches a critical inflection point in its development trajectory.” WorldQuant Ventures is joined by other strategic investors in the funding round, which is expected to close by the end of the year.
“We are thrilled to have WorldQuant Ventures as an integral part of our business moving forward. Steven and his team are exactly what we need to enhance our product offering and to add scale to our client base,” said Tony Jaensch, Chief Executive Officer of Sequentum. “The firm has an impressive track record of working with innovative companies in the data science and artificial intelligence arenas, which makes them an ideal partner.”
About WorldQuant Ventures LLC
WorldQuant Ventures LLC is an investment firm founded in 2014 as a private investment vehicle for WorldQuant, LLC’s Founder, Chairman and CEO Igor Tulchinsky. The firm is focused on disruptive companies in technology, with a particular focus on data and finance, and has investments in over 40 companies. WorldQuant Ventures LLC is a separate entity from WorldQuant, LLC, a global quantitative investment management firm. For more information, please visit www.WorldQuantVentures.com.
About Sequentum, Inc.
Sequentum is a software development company which focuses on web data extraction and web automation technologies, and provides related consulting and managed data services. The company’s software significantly reduces the time, effort and cost of precise web data extraction at scale while bringing reliability and accuracy to the data extraction process. For more information, please visit www.contentgrabber.com, www.visualwebripper.com and www.sequentum.com.