Insight Partners led a $60m Series C round in CommerceIQ.

Insight Partners led a $60m Series C round in CommerceIQ, the algorithmic platform that helps consumer brands win in e-commerce, with participation from Trinity Ventures, Shasta Ventures, and Madrona Venture Group. "With a 40% growth in e-commerce this year alone, it is imperative that brands apply automation and machine learning to manage their business online. The tried and true methods that were perfected for brick and mortar simply do not work online. Our customers are using our platform to win in e-commerce, by harnessing real-time visibility to all aspects of the operation within a single source of truth to drive automations at scale," Guru Hariharan, CommerceIQ CEO.