Spredfast Scores $12M More

Austin-based Spredfast, the social media analytics and management software developer headed by Rod Favaron, announced today that it has raised $12M in a Series B funding round. The round was led by Interwest Partners, and also included prior investor Austin Ventures. According to Spredfast, the funding will go towards expanding its platform. Spredfast develops social media analytics software, used by enterprises to manage and monitor activity on Facebook, Twitter, LinkedIn, and other social sites and services. The new funding round brings Sreadfast's total funding to $15.6M. More information »