CDP Leader Leadspace Lands $46M in Growth Funding

Martechcube08 Feb, 2021Business

Today Leadspace announced it has raised $46 million in growth funding led by JVP. The funding validates Leadspace as a front runner in a burgeoning Customer Data Platform (CDP) market that is estimated to generate $2.4 billion in 2020, and expand to $10.3 billion by 2025. Leadspace plans to use the funding to grow the team in both Israel and the U.S. and keep up with the increasing demand they?ve seen in the last year. The company is also appointing Alex Yoder as its new chief executive officer, whose extensive experience leading transformative growth within the companies he?s led will now help Leadspace redefine the emergent B2B CDP category. Yoder joins Leadspace after successfully building organizations as large as $150M in annual revenue, spanning marketing tech, Ad-tech, SaaS and services.