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Social Media Monitor TrustYou Raises $5 million, Acquires Competitor

Mike Butcher

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Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Tuesday, September 20th, 2011
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TrustYou, a social media monitoring and semantic technologies startup, has raised a $5 million Series A round. It’s also acquiring Dallas-based competitor ReviewAnalyst. The round was led by Credit Agricole Private Equity and will be used to expand worldwide operations out of its base in Munich Germany. Its “sentiment search platform” is aimed at the hotel, restaurant and travel industries in the United States and Europe.