Raise Report: Factual, Uberall, SOCi Secure New Funding
Every two or three weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Aug 28: Planday Rakes In €35 million to Streamline Payrolls
SEB Private Equity led the round, the company shared on its blog. Planday helps businesses streamline payroll and scheduling. It’s using the capital to expand further across Europe and North America.
Aug 29: New Knowledge Snags $11 Million to Fight Social Media Disinformation
GGV Capital and Lux Capital participated in the round, VentureBeat reported. As Facebook and Twitter struggle to clean up their ecosystems, New Knowledge is offering a solution that leverages both artificial and human intelligence to identify and defuse fake news and other threats of disinformation.
Aug 29: SOCi Locks Down $10.5 Million for Social & Reputation Management
Vertical Venture Partners led the Series B, according to a press release. SOCi is a marketing tech platform that boosts social media and reputation management for multi-location brands. SOCi will put the funds toward growth.
Sept 4: Launchmetrics Secures $50 Million to Connect Fashion Brands with Influencers
Bpifrance led the round, VentureBeat reported. Launchmetrics’ platform allows luxury fashion companies to hook up with influencers who can make a difference in boosting their brands. Launchmetrics is looking to scale internationally.
Sept 5: Factual Raises $42 Million to Conquer the Globe
Upfront Ventures and Felicis Ventures participated in the round, TechCrunch reported. Factual is one of the leading firms in location data. The company is investing in sales and marketing and is pursuing geographic expansion with a focus on Asia.
Sept 5: Uppercase Scores $3.5 Million, Capitalizing on Brick-and-Mortar Resurgence
Lerer Hippeau led the round, TechCrunch reported. The company claims to “launch retail spaces from the ground up,” partnering with e-commerce players to capitalize on some foot traffic.
Sept 6: Uberall Snaps Up $25 Million and Acquires Navads
HPE Growth Capital led the extension of Uberall’s Series B, Street Fight reported. Uberall helps brands with brick-and-mortar locations manage their listenings and better engage potential and existing customers. With the acquisition, Uberall expands its client base to about 1,500.
Joe Zappa is Street Fight’s managing editor. Follow him on Twitter @joe_zappa.
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