Meltwater Raises $60M in Debt Funding

MeltwaterMeltwater, a San Francisco, CA-based provider of media intelligence solutions, closed a $60M debt funding round.

Backers included Silicon Valley Bank and Vector Capital.

The company will use the proceeds to continue its organic growth and ramp up strategic acquisitions.

Led by Founder and Chief Executive Officer Jorn Lyseggen, Meltwater provides more than 25,000 companies with a media intelligence platform to monitor online conversations, extract relevant insights, and use them to strategically manage their brand.
Since 2009, the company has acquired 9 companies, including Encore HQ, a 500 Startups Alumn providing social media alerts powered by data science.

Meltwater has over 50 offices on six continents.

FinSMEs

08/02/2017

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