Klout Raises New Funding

According to a blog post by CEO Joe Fernandez (read here), Klout, a San Francisco-based start-up that provides tools to measure social influence online, has raised a new round of funding.

The investment was led by Kleiner Perkins Caufield & Byers, with participation from Institutional Venture Partners, Venrock, Greycroft and ff Venture Capital.

The company intends to use the capital to continue to invest in both engineering and infrastructure, and expand Klout Perks, its system that enables people to earn products or experiences based on their influence.

In conjunction with the funding, Chi-Hua Chien from Kleiner Perkins will join Bing Gordon, Allen Morgan and Fernandez on Klout’s board of directors.

The company is currently hiring (http://klout.com/corp/careers).



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