Capillary Technologies, cloud-based retail customer engagement management company based in Singapore, announced on 17 July that they had clinched $14 million in Series B funding led by Sequoia Capital and Norwest Venture Partners. This round of funding adds on to the previous $17 million Series A funding that Capillary Technologies had secured in 2012.

Capillary’s products, which include an integrated marketing platform, help retailers to manage customer data across multiple channels, and engage its pool of customers while gaining insights into their purchasing habits.

The funding raised will go towards enhancing Capillary’s cloud-based integrated platform and growing its partnership ecosystem, which currently includes American Express US Global Merchants Services group and Blue Label Engage in South Africa.

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Zen is a tech journalist with a fondness for tech gadgets and pandas. She is also a full-time grad student studying business journalism at Tsinghua University, and often spends much time dreaming about...