Spredfast, an Austin-based social media management, has received $1.6m in a Series A funding from Austin Ventures.
This initial round will help accelerate the company’s business development and increase brand awareness in the social media management market.
Spredfast enables companies to manage and measure their social media campaigns and customer acquisition initiatives through one dashboard, across multiple platforms including Facebook, Twitter, LinkedIn, YouTube and Flickr.
It also currently supports WordPress, Blogger, MoveableType, Lotus Live Connections, Drupal and most XML-RPC enabled blogging platforms.
Since its public launch in January, Spredfast has increased its customer base to include companies such as TOMS Shoes, Doner and Oracle, which joined existing early customer adopters like AOL, HP and IBM.