YEC Member and CEO of Forensiq David Sendroff recently announced that the company was acquired by Impact Radius, a digital marketing and affiliate solutions platform. Earlier this month, Impact Radius announced that they had secured $30 million in funding from Capital Partners, a Boston-based growth equity firm.
Forensiq uses advanced technology and data science to help eliminate impression fraud, click fraud, and affiliate fraud.
Sendroff told TechCrunch, "the company had grown to 45 employees over the last few years and was 'punching above its weight' and competing with companies that had raised $50 million to $100 million. To continue on its path, the company would have had to either raise money at this point or look for an acquisition."
Find more information about the acquisition here.