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Social Media Measurement Firm Sometrics Raises $4 Million Second Round

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Sometrics, a company that provides social media analytics and measurement for advertisers, has raised $4 million in a second round led by Disney’s Steamboat Ventures, Techcrunch reports, citing unidentified sources. The Los Angeles-based company also received the backing from previous investors, the Mail Room Fund and Greycroft Partners. With this latest round, the company has raised a total of $5.55 million.

SEE ALSO: App Analytics Firm Sometrics Raises Seed Round From Mail Room Fund

The other Sometrics backers who contributed to its seed round in May 2008 included Accel, Venrock and the William Morris Agency. In addition to measuring traffic, conversions and other data for apps across social nets, the company also has a virtual currency platform for use in online gaming. Sometrics plans to use this funding for additional hires and for expanding its marketing efforts. Release

Oct 16, 2009 11:44 AM ET

Measurement Photo: social media today


Posted In: Advertising, Money, M&A & Venture Capital, Venture Capital, Social Media

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