Zarget Closes $1.5M Seed Round Led by Accel and Matrix for Industry's First Conversation Rate Optimization Software with Chrome Plugin

WALNUT, Calif., May 10, 2016 /PRNewswire/ -- Zarget, a SaaS-based Conversion Rate Optimization company announced today the launch of the Zarget platform, the industry's first conversion rate optimization software built as a simple-to-use Chrome plugin.

The new platform is a much needed solution for firms that previously used multiple software products to complete A/B testing, funnel analysis, and heatmaps. Zarget provides all of these tools in one platform with the added simplicity of a Chrome plugin, so users no longer need to waste time and valuable resources loading websites into an application.

The Zarget platform is purposely built for ecommerce and SaaS companies and intended for use by marketers, product managers and web designers who now have a single tool to manage site content and performance through a simple Chrome plugin. Zarget was founded in 2015 by three ex-Zoho employees Arvind Parthiban, Naveen Venkat, and Santhosh Kumar. The company has raised $1.5 million in seed funding from global venture capital firms Accel Partners and Matrix Partners, and angel investors such as Girish Mathrubootham, CEO of Freshdesk.

The first tool to optimize beyond login pages, Zarget is ideal for improving checkout pages and various SaaS website tools without any of the related security vulnerabilities. Heatmap support for interactive design elements such as sliding banners, drop-down menus and HTML5 moving elements is a core Zarget feature. This allows users to track visitors in real time, instead of the "snapshot" approach used by competitors that cannot capture visitor activities on dynamic elements. Funnel analysis capabilities within Zarget allow companies to see where visitors are dropping off from the website by configuring multiple pages together.

"The Zarget platform provides businesses with a full-featured, easy-to-use conversion rate optimization tool that completely disrupts the existing single-feature solution market," said Anand Daniel, Partner, Accel Partners.  "We are very impressed by their experienced management team and technical/product expertise and believe they will become a mainstay in the field of conversion rate optimization. Zarget is essentially helping companies refine and perfect their customer experience, which is key for any firm that wants to be successful in this day and age."

"Zarget has developed a true product innovation in the field of conversion rate optimization and aims to help companies enhance their customer experience online. We are very impressed with the founding team's prior experience in building and scaling products globally and it is our privilege to partner with Arvind, Naveen and Santosh to help them realize their vision," said Tarun Davda, Managing Director, Matrix India.

"Zarget represents an evolutionary leap in terms of how companies can optimize conversions and see deeper into site performance," said Arvind Parthiban, CEO of Zarget. "Consider the slow advances in our industry compared to the music industry, which moved quickly from records to CDs on to iPods and streaming. Our Chrome plugin is the next step and represents the future of site optimization as we've made it seamless and more efficient through the combination of several feature sets. We anticipate fast adoption as the need and budgeting for conversion rate optimization increases globally. And ecommerce and SaaS firms will immediately realize the benefits of a single tool for real-time heatmapping combined with A/B and funnel testing."

About Zarget
Zarget is a SaaS-based conversion rate optimization company that provides comprehensive solutions for small and medium sized businesses. The Zarget platform is a SaaS tool with a Chrome plugin capability that features include heatmapping, funnel analysis, A/B testing, split URL testing, live data reporting, and optimization. For more information, visit www.zarget.com or learn more on Facebook at www.facebook.com/ZargetHQ, or on Twitter at @ZargetHQ.

SOURCE Zarget

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