Socialbakers, a Pilsen, Czech Republic- and San Francisco, CA-based social and digital media analytics company, raised $2m in funding.
The round was led by Earlybird Venture Capital.
The company intends to use the funds to accelerate the business growth of its software-as-a-service (SaaS) based social media platform and further strengthens its position in global markets.
Launched in 2009 by Jan Rezab, CEO, Socialbakers provides global brands with solutions to build, measure, and manage their social media presence, monitor competition, and develop best practice industry benchmarks.
Customers include 15,000 small-to-medium companies and Fortune 500 customers such as Lufthansa, L’Oreal, Danone, Vodafone, Samsung, GE Money, Ogilvy, Kraft, and Peugeot.
In conjunction with the funding, Jason Whitmire, General Partner at Earlybird, will join investor Martin Huml of Runway Capital, LLC on the company’s board of directors.
Socialbakers is currently hiring key executives.