Thursday, July 28, 2011

Hearsay Social Raises $18M

San Francisco-based Hearsay Social, a developer of tools to help market and monitor social networks, said today that it has raised $18M in a new funding round. The round came from New Enterprise Associates and Sequoia Capital. As part of the funding, NEA's Jon Sakoda joins the company's board. The firm's other investors include Michael Abbott (Twitter), Dave Morin, and Steve Chen (YouTube).