• Crowd Factory Raises $6.5 Million For Social Marketing Applications

    Wednesday, January 26th, 2011

    Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

    Crowd Factory, a startup that creates white-label social marketing applications, has raised $6.5 million in funding led by Storm Ventures with Hummer Winblad, Peninsula Ventures and several angel investors participating in the round.

    Crowd Factory’s social marketing applications allows marketers to amplify and optimize campaigns, and view social-analytics and interactions. For example, Crowd Factory will take a contest held by a brand and socialize the campaign, increasing interactions and responses.

    The company’s social offers applications lets marketers build group buying and social gaming elements into their promotions. And marketers can then track and optimize engagement from a single dashboard.

    Since launching the suite in June of last year, the company says it has more than tripled its customer base, working with companies such as HBO, Sony, Speck and Universal McCann.

    Company: Crowd Factory
    Website: crowdfactory.com
    Launch Date: 2009
    Funding: $6.5M

    Crowd Factory is a social marketing platform that helps companies significantly increase the effectiveness of their marketing initiatives with powerful social marketing amplifiers. The platform consists of 3 primary components: 1) A complete suite of social marketing apps such as CrowdShare Widgets, Social Sweepstakes and Contests, Polls, Voting, Group Offers and Flash Deals 2) Powerful analytics and dashboards that give you the ability to see what is and isn’t working so you can easily test,...

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