Quintype raises $3.25 million

Quintype, a data-driven publishing company, today said it has raised USD 3.25 million to enhance product and business development.
The funding would be used to grow the product engineering and sales teams across locations in the Bay Area, as well as in Bengaluru, the company said.
The funding was led by Indian businessman Raghav Bahl who was the founder, controlling shareholder and CEO of Network18 group until its takeover by Reliance group last year, it said in a release here.
Bahl has since founded Quintillion Media, an all-digital, mobile-first media company.
Quintype is a data-driven publishing company focused on digital media. Its seamless, end-to-end Software as a Service (SaaS) platform uses bigdata and artificial intelligence to manage all aspects of a modern online media operation.

The data-driven approach lets media organisations reduce technology costs while at the same time leveraging data to increase revenue and profits, the release said.