Clarisite Raises Series A $5.5M to Expand its 'Third Umpire' Web and Mobile Customer Insight Solutions Globally

LONDON, November 24, 2015 /PRNewswire/ --

- Round led by Lazarus Israel Opportunities Fund - 

- Appoints new CEO to lead global expansion - 

- Israeli company now headquartered in London - 

Clarisite, a disruptive provider of 'third umpire' digital customer experience solutions for both the web and mobile today announced the closing of a Series A $5.5 million round of financing led by Lazarus Israel Opportunities Fund, a US-based hedge fund. Clarisite also announced the appointment of London-based Yaron Morgenstern as Chief Executive Officer who will lead the company's international expansion.

With a focus on the Financial Services and Insurance sector, Clarisite is working with organizations such as AXA Global Insurance to inform and facilitate action based on real-time insights, both online and on apps. This actionable insight is used to optimize the customer experience, enhance customer service, improve regulatory compliance and reduce risk exposure.

Yaron Morgenstern joins Clarisite as Chief Executive Officer with immediate effect to spearhead the company's expansion in Europe and across North America. A veteran of the enterprise software industry, Morgenstern most recently served as General Manager of Financial Markets Compliance for Nice Systems (NASDAQ: NICE).

"Clarisite has a unique market offering, providing organizations with on-demand actionable insight into their customer's behavior. As traditional bricks and mortar companies fully embrace their digital touch points, often under strict regulatory scrutiny, we are perfectly placed to ensure they have the information they need when they need it to make informed decisions and take actions upon them. It's like having a third umpire to help make informed decisions. Moving our head office from Israel to London is a first step in our expansion plans," said Morgenstern.  

"We're thrilled to have led this latest funding round so that the company can move from start-up to scale-up," said Brian Abrams, partner at Lazarus.  "Clarisite's technology is a quantum leap forward and I think it's fast becoming a 'must have' in industries such as finance, insurance, and health care," he finished.

Clarisite was founded in 2010 by Yoav Schreiber, Yaron Gueta and Hanan Blumstein and has offices in London, New York and Tel Aviv.

About Clarisite 

Clarisite empowers organizations to manage and optimize the entire digital lifecycle of their web and mobile customers. Leveraging unparalleled big data, behavioral analytics and record-replay capabilities, Clarisite enables enterprises to see not only what online and mobile customers are doing but also why they are doing it.  Most importantly, Clarisite informs and facilitates action based on those insights that can lead to enhanced customer experience, decreased customer disputes, and improved regulatory compliance. Clarisite's solutions are used by medium to very large enterprises mostly in the financial services and insurance industries and could cater to the needs of a wide range of verticals including health care, telecommunications, utilities, gaming, and business services. Learn more at http://www.clarisite.com

Media Contact:
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MUSTARD PR
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