We are pleased to announce that we have closed a round of series A funding, totaling $1.5 Million. We can’t tell you how excited we are to put those funds to use in further extending Klout as the definitive measurement of influence on the Web. First, we want to thank all of our amazing investors like ff Asset Management, Bobby Yazdani, Allen Morgan, Nova Spivack, Zelkova Ventures, Grape Arbor,Paige Craig, Tom McInerney, Michael Yavonditte, Shervin Pishevar, Ofer Ronen – this is some of the smartest money around and we are please to have them on board as partners for the next step of our growth. Thank you all for your support from everyone at Klout.
Already we’ve come a long way in reaching our goal of making Klout the standard measurement of influence online. Companies like CoTweet, Hootsuite and Tap 11 are using Klout to improve the effectiveness of companies trying to leverage social media. Live Intent and TweetUp leverage Klout data to surface the most relevant people associated to any search term. Rapportive and Flowtown are utilizing Klout data to help understand the influence of customers and leads. These companies have found that influence is a critical input to any targeting, customer service, incentive or filtering decision.
These are just seven of the over 300 companies using Klout. We have seen massive growth in both the number of companies that are building Klout into their analyses and reporting, and the amount of data these companies are requesting.
When we started Klout back in 2008, we had a vision to change the way in which people measure influence across the Web. This continues to be our goal. From here, we have plans to greatly expand upon Klout’s powerful online influence measurement capabilities, launch new offerings, and deepen our relationships with users and developers.
We are also very happy to continue to support an intelligent and motivated team here at Klout. They have done amazing things, and with additional resources will be able to take it to the next level. We wouldn’t be able to continue without their constant innovation and hard work.
With that said, we have many exciting new developments in the works here at Klout HQ so, stay tuned. You’ll be hearing from us again soon!