Kerala IT company bags $12mn funding

Kerala-based IT firm Visual IQ yesterday announced that it has received $12mn in funding from Boston-based Volition Capital and San Francisco-based Fog City Capital. Visual IQ is headquartered in Boston and has its registered office at Infopark, the IT campus in Kochi. It is a subsidiary of Visual IQ Inc. Visual IQ produces powerful cross-channel marketing intelligence software products. The Visual IQ-hosted IQ Intelligence Suite reveals cross channel performance insights hidden deep within companies’ marketing data and provides actionable recommendations to improve marketing effectiveness. In a press release, the company said the new funds will be used to fuel its product innovation and sales growth. from gulf times.