WorldQuant Ventures said it has made an investment in Sequentum, a web data extraction and web automation software development company.
WorldQuant Ventures’ investment will allow 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,” says 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.”
