Naver has joined Dynamic Yield’s series D round, which now totals $38m, three months after Union Group contributed to its initial close.
US-based online marketing technology developer Dynamic Yield has closed a $38m series D round following an extension led by internet company Naver, TechCrunch has reported.
Naver invested $5m but it is unclear who the other participants in the extension are. Dynamic Yield raised $32m for a first close in August this year that was led by Viola Growth and backed by Union Tech Ventures, the investment arm of car distributor Union Group.
The company has achieved a nine-figure valuation that…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
