Tuesday, November 6, 2007

ThinkPassenger Got $8.3 Million In VCs Funding

What Company Is Offering:
The Los-Angeles-based technology leader in on-demand customer collaboration.
Think Passenger combines cutting-edge social media, community building and collaboration technologies to enable companies to collaborate with customers within private online communities.
How It Works:
Based on current Web 2.0 technologies, Passenger enables brand marketers to create private and secure communities to generate and refine new product ideas, gain contextual insight and drive customer advocacy like never before. The company's advanced analytics engine allows companies of all sizes to collect, synthesize and distill real world conversations into actionable business decisions.
How Much They Got from Vcs:
StarVest venture capital firm that is funding and building the next generation of technology-enabled business services companies, today announced its participation in an $8.3 million series B financing round in Think Passenger, Inc. , the Los-Angeles-based technology leader in on-demand customer collaboration. StarVest participated with previous investor Shelter Capital Partners and new investor Steamboat Ventures, the venture capital arm of The Walt Disney Company.
VC detail:http://www.starvestpartners.com/
What Vcs says:
StarVest Partners says, "Passenger's differentiated technology and proven success with customers fits perfectly into our investment strategy and we look forward to helping them expand their customer base while continuing to build their brand."
More at:http://www.thinkpassenger.com/

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