Social Media Analyst Bottlenose Gets $3.6m

US-based Bottlenose, whose services mine social networks and enterprise data sources to discover 'Trendfluence', has completed a $3.6 million Series A round of venture capital financing.

Led by ff Venture Capital, the round also included Lerer Ventures, Transmedia, Advancit and other funds and angel investors. The company says the funds will allow for new hires in engineering, sales and marketing to scale operations in time for the firm's formal entry into the enterprise market in the autumn.

Bottlenose, founded in 2010 by serial entrepreneur Nova Spivack and Web technologist Dominiek ter Heide, uses big data cloud computing and analytics to track social networks and enterprise data sources 'to detect, visualize and monitor trends as they develop and move in real-time'. The firm has sixteen pending patents for its proprietary natural language and statistical techniques.

John Frankel, Partner at ff Venture Capital, comments: 'We are excited to have the opportunity to lead the A round, as we believe that Nova and the Bottlenose team are building a truly compelling and disruptive business.'

With offices in Los Angeles, New York Cit, and Amsterdam, the Netherlands, the company is online at www.bottlenose.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.