Overview
- MarqVision will allocate roughly half the round to AI and engineering, with about $10 million for enterprise-readiness and $10 million for regional growth.
- The company reports serving more than 350 brands worldwide and says it recently crossed $20 million in annual recurring revenue.
- Its platform has widened from counterfeit detection to end-to-end brand control, including impersonations, pirated content and unauthorized sales, delivered as a managed service with reported sales lifts for clients.
- The round included Salesforce Ventures, HSG (HongShan), Coral Capital, Michael Seibel, Y Combinator, Altos Ventures and Atinum Investment.
- Expansion plans include entry into Japan and Salesforce data integrations to improve ROI tracking, with Peak XV’s Shailendra J Singh expected to join the board according to YourStory.