Santa Clara: Santa Clara-based deal targeting platform, Spotzot has raised $2.2 million in series A round of funding led by Cervin Ventures, Inventus Capital Partners and TiE-Silicon Valley Angels. Spotzot plans to use the funds to accelerate the growth, and expand its sales, engineering, and operations.

Founded in 2009 by Bobby Jadhav and Sanjay Mittal, Spotzot enables brands to reach new customers displaying the promotions and coupons across shopping apps and sites. It sources both in-store and online promotions, and organizes, categorizes, and delivers them through free publishers. Bobby Jadhav, Co-Founder and CEO, Spotzot, has worked as the Chief of Design at Totelity Design Labs, as the CTO at Siterra, and CTSpace. He was also the Founder, President, and CTO at CalKey Technologies. He worked as an Architect and Manager at TAB Products, and Softcell Technologies. He worked as a Developer and Analyst at TCS. Jadhav did his BE in Electronics and Communication from the College of Engineering, Pune.

Cervin Ventures actively invests in entrepreneurs and companies that intend to disrupt the B2B software and services space. Their network of technology, venture capital, and business professionals advice and help early-stage companies through the life cycle.

Inventus Capital Patners is a unique venture firm which mentors and finances entrepreneurs. They lead the first round of venture funding with $ One million to $ Two million and invest up to $10 million as the business grows.

Tie Silicon Valley is a not-for-profit global network of entrepreneurs and professionals, which seeks to cultivate and nurture the ecosystem of entrepreneurship and free-market economies everywhere. Spread across 56 chapters in 13 countries, the TiE Angels is within the domain of the Silicon Valley chapter.