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December 4, 2012 03:14 pm GMT

Founded By 4 Ex-Googlers, QuBit Raises $7.5M Led By Balderton To Improve E-Commerce Personalization With Big Data

qubit-logoQuBit, a big-data startup whose analytics platform helps e-commerce sites with customer personalization, is today announcing that it has raised a Series A round of funding -- $7.5 million led by Balderton Capitalwith participation from existing angel investors.As part of the deal, general partner Bernard Liatuad -- who founded and sold Business Objects to SAP for $6.8 billion -- will join QuBit's board.

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