Sprout Social Sprouts $10 M of Series B Funding

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Sprout Social

B Round: $10,000,000

Founded: 2009
Industry: Social Networking

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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.”

 
Funding

Funding Total: $10,000,000

Round Date Amount Pre Amount Post Amount
B 02/2011 $10,000,000
Investors: New Enterprise Associates

See all fundings here

 
Founders

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