A few weeks ago, Kelly Porter, an M&A expert at Woodside Capital Partners, predicted on TechCrunch that TwitJump, a Twitter management tool for businesses, would be acquired by Twitter or another startup. Well, Porter’s prophecy ended up becoming a reality, except that the buyer isn’t Twitter. FundingUniverse, a matchmaker that connects entrepreneurs with investors and lenders in the U.S., has acquired TwitJump, to add to FundingUniverse’s suite of business services. Terms of the acquisition were not disclosed.
TwitJump helps businesses manage multiple Twitter accounts, perform customized searches on Twitter, set up email alerts for search terms, schedule Tweets, and filter spam from Twitter. It’s basically a Twitter CRM for businesses.
Alex Lawrence, TwitJump’s founder, will become the Chief Evangelist for FundingUniverse. FundingUniverse not only helps startups connect to investors and banks, but also helps nurture these fledgling companies to become more attractive investments. The incubator/network/matchmaker will be using TwitJump’s Twitter offerings for businesses to help statups connect to consumers and potential clients on the microblogging network.
TwitJump offers corporations, individual users, small to medium sized businesses, bloggers and anyone looking to build their social brand a unique all-in-one web based and iPhone application solution that works within the Twitter network. While still in beta, TwitJump offers users the heaviest filtering services available online (DM filters, @ reply filters, follow filters) and heavy customization of your Twitter experience including tweet scheduling, multi-account management, high level analytics, real time search results, full bit.ly integration, follow/unfollow tools,...
FundingUniverse connects qualified entrepreneurs with active VC’s, angel investors and lending sources. In addition, FundingUniverse provides services to help entrepreneurs prepare for investment, such as helping them create compelling business plans and pitches, advising them on strategic business direction, and preparing them for investor scrutiny.