Tech Company Financing Transactions
GroSocial Funding Round
On 5/22/2012, GroSocial raised $1 million in funding from Kickstart Seed Fund, Monarch Ventures and Rock & Hammer Ventures.
Transaction Overview
Company Name
Announced On
5/22/2012
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new funding will be used to double the company's headcount and will enable the company to enhance its platform with social marketing campaign automation features and integrations with additional social networking sites.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
510 East Timpanogos Pkwy
Orem, UT 84097
USA
Orem, UT 84097
USA
Phone
Undisclosed
Website
Email Address
Overview
GroSocial, Inc. is a privately-held company headquartered in Orem, Utah. Our social media marketing software helps businesses find new customers through popular social networking platforms such as Facebook and Twitter. Our products are used by thousands of businesses in 17 countries and have helped countless businesses affordably create more effective social media presences.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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