Our client Falcon Social, a leading enterprise social media management platform, has announced the closing of $16 million in new funding. The Series B financing round was led by Prime Ventures and they were joined by existing investors Northcap and Target Partners , bringing the company’s total financing to date to $25.33 million.
In addition to a focus on product innovation, the new financing will help the company establish an even stronger foothold internationally, especially North America. The company plans to make significant employee hires at the leadership level and in other supporting roles.
Today, Falcon Social helps over 400 world renowned, companies listen, engage, publish, measure and manage their social media content through its unified social media management platform. These companies include CocaCola, Jaguar, Redken, Toyota, Warner Music and Carlsberg.
Falcon Social finished 2014 by reporting 443 percent revenue growth and 130 percent customer growth. The company is on track to continue that strong momentum in 2015.
Vie Carratt has been working with Falcon Social since 2012 and has seen the company grow from 4 employees to the current 180. David Carratt is a Board member of Falcon Social and we also help the Marketing team with Content Marketing and Analyst Relations.