Friday, March 13, 2015

NetBase Nabs $24M For Enterprise Social Media Analytics

Mountain View-based NetBase>, a developer of social media analytics aimed at the enterprise, has raised $24M in a Series E funding, the company said Thursday. The funding was led by Spring Lake Equity Partners, and also included Thomvest Ventures, Altos Ventures, and WestSummit Capital. NetBase uses natural language processing (NLP) technology to analyze social media, to help big brands like Kraft, Kohl's, AMC, Yum!, and others manage their social media efforts. More information »