This new round was led by previous investor Oak Investment Partners and supported by existing investors Notion Capital and Passion Capital.
Previously the company had a Series A financing round in April 2013, and with this new round the total investment in DueDil come in at $22m over the past 10 months.
The company is the largest source of private company information in the UK with users being able to access information on companies and directors in 22 different countries via the DueDil API.
DueDil has really changed the business information sector by enabling anyone to access up-to-date information on all companies and directors – a process which was expensive and laborious.
Kimmelman said: “Our vision is a world of real-time decision intelligence, one where data is integrated seamlessly into business decision-making. To realise this, DueDil’s next phase is about embedding world-class discovery tools, platforms and networks into daily working life.”
In the past 12 months, the company says it has doubled in size since the Series A round, increased its blue-chip Enterprise customer base and won a clutch of awards and accolades.
