MutualMind Inc., a Richardson, Texas-based provider of social media analytics and management applications, has received a first investment round from Gore Focus, L.L.C..
The capital infusion will enable the company to accelerate software development and expand its sales and marketing efforts.
MutualMind™ is a Web application that helps businesses, marketing agencies and public relations firms monitor and promote brands across social networks including Facebook, Twitter, YouTube, blogs and news sites. It also provides actionable analytics and insights to increase social media ROI.
The company was founded in 2008 by a small team of passionate business and technology experts.