Clutch Raised $5.25 Million And Acquired A Chicago Company

Ambler, Pa.-based marketing company Clutch announced Thursday the acquisition of Chicago-based mobile marketing company Persio for an undisclosed amount.

Cofounder Ned Moore will remain as the combined company’s CEO, which will retain the Clutch name. Between the company’s Ambler HQ and Persio’s existing offices in Chicago, Clutch will grow to 75 employees. (We weren’t immediately able to get a headcount pre-acquisition but in May 2015, Clutch employed 45.)

“With this acquisition, the Clutch platform is the first to support the marketer with a comprehensive view of customers across all buying and marketing channels,” Moore said in a press release. “The addition of Persio’s intelligent mobile platform will allow us to deliver these experiences instantly and with greater context.”

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