Enquisite, a company that provides search marketing and optimization solutions to businesses, has raised $5.2 million in new financing led by Rho Canada Ventures with Castile Ventures, Formative Ventures, Retro Venture Partners and The Entrepreneurs’ Fund III participating. This brings Enquisite’s total funding to nearly $17 million.
Enquisite provides a web-based software allows businesses to optimize their presence online, including SEO and social media campaigns, and access analytics to help monetize through optimization and markteing. Enquisite will use the financing to fuel product and marketing initiatives.
Enquisite faces competition from from DIYSEO, HubSpot and others.