Adblock Plus backer Tim Schumacher invested in Piwik PRO
Maciek Zawadziński · 1464 GDPR Compliant Analytics Hits $3.6M in ARR, Raising Soon · Jul 28, 2019 · at 10:18
Piwik PRO founder Maciek Zawodziński discloses the cap table and outside investors backing the privacy-focused analytics software.
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“We have a private angel who is Tim Schumacher, who is behind Adblock plus, which is like very great because this is the privacy space and it works very well because he's insider. Plus, we have a private equity fund that does not have the term of the fund, so they invest in the long term, like, growth.”
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More from Maciek Zawadziński
Piwik PRO targets $450K to $470K MRR by the end of 2020
“We should finish somewhere around 454 170 K. Now that we see that like our growth started, we started growing again somewhere around like mid last year.”
Piwik PRO reinvests all Clearcode agency profits into product development
“We have the services arm, which is a software development focused on the marketing technology called ClearCode, which is the our let's say sister company. And we, everything that we make from the software development services, we reinvest in the product.”
Piwik PRO burned $1.7 million in 2019
“So we burned last year, one comma, seven million US dollars.”
Piwik PRO expects to triple business without significant team growth
“We plan to grow, like, we should be able to triple the business without growing much the team.”