Socialbakers, a Prague, Czech Republic-based provider of a social media analytics and optimization platform, completed a $26m Series C financing round.
The round was led by Index Ventures, with participation from existing investors.
The company intends to use the funds for product development and strengthening client support, sales and marketing in the USA and other markets.
Led by Jan Rezab, CEO, Neil Morgan, CMO, and Neil Weston, COO, Socialbakers provides an enterprise social media analytics platform which enables social media marketing managers, agencies, and researchers to measure, compare, and contrast the success of their social media campaigns with competitive intelligence. The company, which has been a Facebook Preferred Marketing Developer since 2011, has 300 employees in offices in Prague, New York, Singapore, Paris and Munich.
[youtube id=”qg0Amn06vfY” width=”620″ height=”360″]