Italian Internet intelligence specialist raises €2M

IntelligenceFocus of Turin, Italy, has raised €2 million in a first round funding from Innogest Capital, the largest seed venture capital firm in Italy. The money will support product development and the company’s commercial expansion in the US.

"We believe that IntelligenceFocus has enormous market potential because it helps business organisations to profile the behavior of online users, customers and competitors,” said Claudio Giuliano, Managing Director of Innogest Capital.

“We are impressed by the traction that IntelligenceFocus is having in the US because of the breakthrough capability to profile and track people on-line, generating new actionable intelligence insights. Also we are impressed by the positive feedback from the first large US customers using the new Community Watchdog service, to track and profile users over online social networks.”

Maurizio Attisani, founding CEO said he is very encouraged by the response IntelligenceFocus is getting to its services. “We plan to continue the positive momentum and capitalise on the traction gained so far by adding a number of product enhancements in the coming months, followed by an aggressive marketing push. This will enable us to maintain our pioneering role in this new market and to realize our goal of becoming the de facto service leader for converting previously anonymous web visitors into qualified, actionable prospects.”

The company claims that its dynamic intelligence management system can, for example, make networks immune to phishing,  detect e-banking transaction anomalies, provide advertising that is relevant to any particular context and reconstruct terrorist networks from online communications.

Innogest Capital, is the leading Italian seed and early stage fund, with over €80 million under management. The fund backs Italian companies only.