Tech Company Financing Transactions
Claritics Funding Round
Cervin Ventures and TiE Angels invested in a $1.5 million Series A funding round for Claritics. The round was announced on 5/12/2011.
Transaction Overview
Company Name
Announced On
5/12/2011
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Series A
Investors
Cervin Ventures (Lead Investor) (Neeraj Gupta)
TiE Angels (Lead Investor)
Proceeds Purpose
The financing will enable Claritics to accelerate its mission to turn social data into social intelligence that helps application developers improve their reach, retention and revenue campaigns. The capital will also be used to continue enhancing the company's innovative analytics suite and to fund its sales and operations growth. Claritics also plans to use the capital to grow its engineering team and its sales and marketing capabilities. It is currently hiring for many positions in its Mountain View, California, offices.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1043 North Shoreline Blvd. 204
Mountain View, CA 94043
USA
Mountain View, CA 94043
USA
Phone
Website
Email Address
Overview
Partnership delivers an integrated, insights-driven solution to help businesses understand social data and harvest success from social investments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raj Pai
Chief Technical Officer
Jay Bala
VP - Marketing
Matt McAllister
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