clickTRUE secures substantial funding for regional expansion

SINGAPORE - Online consulting company clickTRUE has raised over a million dollars in venture capital funding led by Rockstead Capital Group and ESW Manage. The undisclosed seven-digit sum will allow the local start-up to expand regionally.

Set up by founders of Hardware Zone, clickTRUE specialises in 'Search and Conversion' strategies. It offers services such as digital and web analytics consultancy, search engine optimisation, social media marketing and conversion rate optimisation. It has seen its revenue grow by over 400 per cent over the last 3 years.

clickTRUE aims to build the largest digital agency network in Southeast Asia, said its CEO Mr Jackie Lee. Mr Eric Sng of ESW Manage said there is room "for a large regional search marketing group in Southeast Asia" while Mr Terence Tan of Rockstead Capital noted that the company has "a clear strategy on capturing the rising demand (in) online spending" in the region.

It was awarded the Yahoo! Platinum Search Marketing Agency Ambassador for Southeast Asia last year. It is also the first Google Analytics Certified Partner in Southeast Asia, and is part of the Facebook Agency Program. The company has worked with clients such as HTC, L'Oreal, Maybank, Nikon, and Starhub.

clickTRUE is privately held by Kyosei Ventures, an associate of Singapore Press Holdings.

ayxhy@sph.com.sg