DRNO - Daily Research News
News Article no. 12518
Published October 18 2010

 

 

 

Involver Nabs $8m Investment to Fuel Growth

US-based social media management and monitoring firm Involver has closed an $8m series C funding round, which it will use to fuel growth and expand its technology.

Byron Deeter and Philippe BotteriInvolver provides applications and monitoring tools which agencies and their clients use to publish, monitor, measure, and manage social media content across multiple social networks from one central dashboard.

Its latest round of funding has been led by venture firm Bessemer, with support from existing investors Cervin Ventures and Western Technology. Bessemer's Byron Deeter and Philippe Botteri (pictured) join the Board as part of the investment.

'While Involver is profitable today, receiving outside capital is an important and strategic move for any company growing as rapidly as we are,' says the firm's co-founder and CEO, Rahim Fazal. 'This new round will provide our company with additional opportunities to enhance the value our future and existing customers find in the Involver Platform.'

Web site: www.involver.com .

 

 
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