Socialbakers Secures Funding of $2 Million By Early Venture Capital

Must Read

New RBI Guidelines Force You To Memorise All Of Your Card Details

It's time to get your brain prepped to do some much-needed homework and commit to memory the...

Bounce Layoff: Bike Rental Startup To Pivot Into New Vertical

Bike-rental startup Bounce has laid off a massive chunk of its workforce in a bid to survive...

Zomato Beefs Up Valuation Prior To IPO In Its Latest Fundraising Round!

Before heading to the stock market with an IPO, the homegrown food delivery startup Zomato beefs up...

The era of investment is on its peak, specifically in the field of social media. Each day we come across several news related to investment. Recently, micro-blogging site Twitter has secured funding of $400 million.  Following the trend, social analytic site Socialbakers – earlier known as Facebaker – has raised $2 million in a funding round led by European venture investor Earlybird Venture Capital. The funding will facilitate Socialbakers, which was founded by Candytech, a Prague, Czech Republic-based marketing firm, for aggressive expansion plans.

However, Socialbakers says that it is already in profit and can extend its offering for social media monitoring. There are two products offered by the company in social media space:-

  • Engagement Analytics: – company enables statistical analysis of Facebook competition, industry benchmarking, compare in context, best practices, identify key influencers, perform social media audit.
  • EngagementBuilding: – It comprises of manage Facebook pages, scheduled wall posting, user right management; publish custom apps, response management.

Socialbakers also measures statistics of various social media giants like LinkedIn – a professional networking site and Twitter – a micro-blogging site. While Twitter provides stats for users’ account, LinkedIn and Facebook offer stats according to number of users’ in different countries.

Advertisements

Recently Socialbakers was awarded as “100 Tech Start-Up” by The Telegraph and Red Herring Europe.

According to the hatchling Czech company, over 250,000 brands and marketing professional are getting engaged with Socialbakers platform each month, and in 2011 companies like Hindustan Unilever, Nike, Peugeot, Kia Motors, Jack Daniels, Avis, OMD, Samsung, Vodafone and Lufthansa decided to license the premium version of Socialbakers. Currently, company is maintaining the head-count of 55 people and continues to hire opt.

It has been announced that Jason Whitmire, General Partner at Earlybird, will join investor Martin Huml of Runway Capital on Socialbakers board of directors.

 

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Reliance Aims To Launch Its Own Version Of UPI-Like Payments Network With Google And Facebook!

The mammoth tech-petroleum conglomerate Reliance aims to create its own version of UPI! According...

TikTok Coughs Up $92 Million In Fine For Harvesting User Data Of Minors!

The popular short-form video app TikTok simply can’t catch a break! Besides dealing with its botched acquisition now stuck in limbo, the...

Facebook Continues Taking A Jab At Apple With New Marketing Campaign

Even after a month of attacking and accusing Tim Cook Zuckerberg is still very much fizzle out from Apple’s major blow to...

Xiaomi Levels Up On India Manufacturing: 99% Smartphones Are Made In India

Xiaomi really is digging its heels to live up to a commitment. One of the first adopters of the...

After SMS, WhatsApp Now Becomes A Threat To Cell Calling: 1 Billion And Counting

It already buried the SMSes in the ground. Now, traditional cellular calling is next on the hit list. The number of WhatsApp...

Flipkart Quickly Learns From the Mistake Amazon Did: Setting Up A Level Playing Field For Sellers!

Unlike Amazon which allegedly implemented unethical strategies to tackles India’s FDI policy for e-commerce marketplaces, Flipkart plans to do it right!

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This