Funding

Spredfast, the Social Platform lands $24 M.

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What does Spredfast do?

Spredfast, is social network media which gives the marketers the solutions to manage their brand and connect with the customers in this increasingly social world. It gives the marketers the solutions they need for brand management and to connect with the consumers in the social world.

This social marketing platform goes through millions of pieces of social content every minutes, so that the brands can take part in individual conversations or increase the relevant content across any digital screen. Spredfast creates many relevant interactions between the brands and their customers through empowering the customers to engage in real time.

How much Spredfast was funded?

Spredfast, the social network media has raised $24 million in Series E funding on March 3rd, 2015 by the investor Silver Lake Waterman.

Previous funding

  • $1.6 M in Series A funding on April 14th, 2010 by Austin Ventures
  • $12 M in Series B funding on September 26th, 2011 by Austin Ventures and InterWest Partners.
  • $18 M in Series C funding on February 5th, 2013 by Austin Ventures, InterWest Partners and OpenView Venture Partners.
  • $32.5 M in Series D funding on January 3rd, 2014 by Austin Ventures, InterWest Partners, OpenView Venture Partners and Lead Edge Capital.

What is next for Spredfast?

The company has more than 600 customers, which includes 5 major broadcast networks. With the new Series E funding from Silver Lake Waterman, the company is going to develop smart technology with top talent. The funding will also be used to grow Spredfast’s presence internationally even more aggressively now.

More about Spredfast                         

Spredfast, the social network media, was founded on March 10th, 2008 by Ken Cho and Scott McCaskill.

Spredfast has customers manage over a billion social connections across 84 countries and has the power to process 650 M piece of social content per day in different languages. It has more than 600 customers, which includes all 5 major broadcasting networks and many of the best brands in the world have partnered with Spredfast to create the first class social experiences.

 

 

 

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