Sprout Social Sprouts $10 M of Series B Funding

Chicago, Illinois – Sprout Social, a company that delivers comprehensive tools that allow businesses to efficiently and effectively manage and grow their social presence has raised $ 10 M of series B funding from New Enterprise Associates. The funding will be used for business development and product strategy.

“Sprout Social is embracing an increasingly powerful segment of the market in online commerce — the local business,” said NEA General Partner Harry Weller. “Sprout Social’s powerful platform will allow those businesses to manage and extend their relationships with customers across a range of social media channels.”