Networked Insights Gets $5 Million for Social Media Analytics

Networked Insights, a provider of social media analytics, announced that it has raised $5 million in its first round of funding

DMWMedia, by Mark Hefflinger on April 20, 2010

Madison, Wisc. - Networked Insights, a provider of social media analytics, announced that it has raised $5 million in its first round of funding, led by Kegonsa Capital Partners.

Founded in 2006, Madison, Wisc.-based Networked Insights said its SocialSense platform mines data from 300 million people and 1.5 billion conversations monthly.

The company, which has now raised a total of $9 million to date, will use the new funds for further product development, and for sales and marketing efforts.

For more information, visit www.networkedinsights.com