For Immediate Release / December 27, 2021 / Fremont, CA
"Newchip evaluates a vast and diverse number of seed-stage companies from around the globe, selecting only a small percentage to be part of our Seed Accelerator program," says Armando Vera Carvajal, Vice President of Product at Newchip.
By 2025, nearly every web visitor will be untrackable, limiting a business’s ability to market to its audience. Confection is leading the way in the economic impact of businesses that depend on web-based advertising and marketing data in order to drive revenue.
Confection is working to help businesses stay ahead of the trends to drive traffic to their website. Privacy-first, GDPR, cookies, and other terms are words we hear daily. But not realizing how the changes with these elements are affecting your marketing means it’s costing your business money.
Confection is using innovative architecture to collect, store and distribute data. Their proprietary IP is unaffected by client-side disruptions and is compliant with global privacy laws. As a dominant leader in the martech space, Confection was selected by Newchip Accelerator, a tech accelerator that has a presence in more than 250 cities and has worked with over 1500 portfolio companies with a $9B portfolio value.
Designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The equity-free, fully digital accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9 billion. Confection is thrilled to participate.
About Confection
Technical disruptions make it difficult for marketers to generate and leverage high-quality digital data. Confection helps customers collect, store, and distribute digital marketing data in a way that’s both compliant and unaffected by disruptions involving cookies, cross-domain scripts, and device IDs. The company serves marketing professionals and application developers at SMBs around the world. For more information, and to see Confection in action, please visit confection.io
"Newchip evaluates a vast and diverse number of seed-stage companies from around the globe, selecting only a small percentage to be part of our Seed Accelerator program," says Armando Vera Carvajal, Vice President of Product at Newchip.
"This careful vetting process of both the business model and founder makes us an ideal partner for venture capital investors and other key stakeholders in early-stage startup financings who are looking for promising startups that are beginning to generate traction and revenue. Martech companies like Confection can scale quickly with proper funding and guidance. We are excited for Confection and believe they will be well-positioned to take advantage of our fast-expanding global ecosystem at Newchip."
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