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MediaPost Publications Social Media Platform Shoutlet Raises $6 Million 12/06/2010
MediaPost Publications Social Media Platform Shoutlet Raises $6 Million 12/06/2010
Social media marketing firm Shoutlet has closed a $6 million second round of funding led by American Family Insurance and including prior investors Origin Ventures and Leo Capital Holdings. It brings the total raised by the company to date to 9.2 million.
Madison, WI-based Shoutlet, whose clients include brands such as Nissan, Perry Ellis and Burt's Bees, plans to use the new financing to accelerate product development and continue double-digit growth. "Today's funding announcement will allow us to implement our visionary ideas for social media management at an even faster pace," said the company's CEO Jason Weaver, in a statement. MORE
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