And you think apps that track your location are bad! Quettra, a mobile intelligence startup that compiles massive amounts of information about mobile users, just closed a seed round in the amount of $2.9 million.
Quettra knows that mobile advertisers can never have enough data about customers. And investors know that, too. This explains why several big names threw down dollars at the startup during the funding round, including Google Ventures, Horizon Ventures, Data Collective, Miramar Digital Ventures, CrunchFund, and SV Angel. Several angel investors participated, too.
Quettra is based in Mountain View, CA. Jain is a former Google Play exec and the company is currently made up of six people. Its product is expected to be available at the end of this year or at the beginning of 2015.
Earlier this year, Google Ventures expanded its horizons by developing a $100 million fund for European startups.