What Company is Offering:
SocialMedia Networks provides a comprehensive suite of tools and services for developers building applications that run on open social platforms, including Facebook and MySpace. By fusing social analytics, monetization, and promotion into one product, SocialMedia Networks is ushering in the era of ad networks and platforms. Developers of social applications take advantage of SocialMedia Networks services, and advertisers can use the proprietary self-serve marketplace to start and manage their campaigns 24/7.
How Much They Got From VCs:
They announced that they have secured Series A financing of $3.5 million. The investment was led by Charles River Ventures, and additional investors include: Marc Andreessen, co-founder of Netscape and Jeff Clavier, founder and managing partner of SoftTech VC.
More at:http://www.socialmedia.com/
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