Friday, May 9, 2008

Biz360 delivers media and market intelligence solutions to Global 2000 business decision makers got $10 million round of financing

What Company Is Offering:
Biz360 delivers media and market intelligence solutions to Global 2000 business decision makers, providing them with a 360-degree view of their marketplace. The company gathers and analyzes a vast amount of traditional and social media about an organization, its brands, its competitors and its products to deliver real-time insights that help its clients shape market perception, respond to competitive threats, evaluate trends and issues and improve the return on their marketing investments.

How Much They Got From VCs:
Biz360® Inc., the leading provider of media and market intelligence solutions, announced the closing of a $10 million round of financing. The round was led by Foundation Capital, with full participation of other current investors, Granite Ventures and Scale Venture Partners.

With an opportunity to extend its market-proven suite of business intelligence products, Biz360 plans to use the funds to fuel development of next-generation products that capitalize on significant, emerging market research opportunities spurred by the evolution of consumer behavior on the Web.

What VCs Says About Company:
"We invested in Biz360 because we believe strongly in the company's vision, its management and employees," said Bill Elmore, founder of Foundation Capital and current Biz360 board member. "Biz360 has a winning team that has already proven itself through results, growth and innovation. We are confident they will emerge as leaders in the research measurement sector."

More at:www.biz360.com

No comments: