Extole Raises $7.6 Million of Fresh Funding From Current Investors
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San Francisco, California – Extole, the leading social advocacy platform for brands to drive measurable results through word of mouth (WOM) marketing has raised $7.6 million of new seed funding from its current investors Shasta Ventures, Norwest Venture Partners, Redpoint Ventures and Trident Capital.
“Social media marketing is going through a fundamental transition. Marketers are shifting their focus from simply measuring social activity to driving measurable marketing ROI.” said Jim Barnett, Chairman of the Board at Extole and General Partner at Shasta Ventures.
The fresh round of funding will be used to accelerate the growth of the company and also to invest in other ventures and product development.
Funding Total: $7,600,000
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|Investors: Shasta Ventures, Norwest Venture Partners, Redpoint Ventures, Trident Capital|