Funding

NetBase raises $9M in Series E Funding

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What does NetBase do?

NetBase, provides social intelligence solutions which helps brands in publishing, monitoring, analyzing and engaging with customers in real time. NetBase uses a high precision natural language processing engine. Its platform processes billions of social media posts for extracting structured insights which is delivered through customizable dashboards. Its solutions enable digital marketing, managing brands, public relations, sales innovation, customer service and product innovation leaders for forming winning strategies faster. NetBase’s clients include Kraft, ESPN, Coca Cola, HP, Taco Bell and McCann Erickson. Its solutions are sold all over the world by J.D. Power&Associates.

How much NetBase was funded?

NetBase raised $9M in Series E funding on April 29th, 2015 from the investors Thomvest Ventures and ORIX Ventures.

Previous funding

  • $5M in Series A funding on June 1, 2005 from Tran Ventures, Thomvest Ventures and Altos Ventures
  • $6.5M in Series B funding on December 1, 2007 from Tran Ventures, Thomvest Ventures and Altos Ventures
  • $7.2M in Series C funding on March 2, 2010 from Tran Ventures, Thomvest Ventures and Altos Ventures
  • $13.1M in Series C funding in June, 2012 from Tran Ventures, Altos Ventures and Thomvest Ventures
  • $9.6M in Series C funding on January 15, 2013 from Tran Ventures, WestSummit Capital and Thomvest Ventures
  • $10.2M in Series D funding on July 15, 2014 from Tran Ventures, WestSummit Capital, SAIF Partners, Thomvest Ventures and Altos Ventures
  •  $24M in Series E funding on March 12, 2015 from WestSummit Capital, Thomvest Ventures, Altos Venture and Spring Lake Equity Partners

 

 

What is next for NetBase?

The funding will be used to accelerate its market position within the core listening and analytics space and to continue developing a rich innovation roadmap, supporting critical alliances and for expanding its business globally.

More about NetBase

NetBase was founded in 2004 by Michael Osofsky and Jonathan Spier and has its headquarters in Mountain View, CA.

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