DataSift Receives $7,200,000 Series A Funding Round

  • Feed Type
  • Date
    5/2/2012
  • Company Name
    DataSift
  • Mailing Address
    665 3rd Street 665 3rd Street, CA 94107
  • Company Description
    DataSift provides very granular and modular ‘sifting’ functions from across a wide range of social and web input feeds, augmenting them with sentiment analysis, storage and analytics to offer an unrivalled service platform, which leverages the cloud and scales infinitely.
  • Website
    http://www.datasift.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,200,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    DataSift will use the funding to accelerate company growth in response to the overwhelming demand received for its real-time and historics social data platform. The company also announced its move into a new office in San Francisco’s SOMA district, a hotbed for innovative start-ups.
  • M&A Terms
  • Venture Investor
    GRP Partners
  • Venture Investor
    IA Ventures