TrendKite Snags $1.2M For Social Media, Press Analytics

Austin-based startup TrendKite--one of the companies in the Capital Factory--announced today that it has raised $1.2M in a Series A funding, to go towards the company's predictive analytics software for social media and press activity. The company said the funding was led by Silverton Partners, and also included DreamIt Ventures and angels. The company was incubated as part of DreamIt Ventures.