Biz360 Secures $10 Million in Funding

May 13, 2008


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Biz360 Inc., a provider of media and market intelligence solutions, announced the closing of a $10 million round of financing. The round was led by Foundation Capital, with full participation of other current investors, Granite Ventures and Scale Venture Partners. With an opportunity to extend its suite of business intelligence products, Biz360 plans to use the funds to fuel development of next-generation products that capitalize on emerging market research opportunities spurred by the evolution of consumer behavior on the Web. Biz360 delivers media and market intelligence solutions to Global 2000 business decision makers, providing them with a 360-degree view of their marketplace. The company gathers and analyzes traditional and social media about an organization, its brands, its competitors and its products to deliver real-time insights that help its clients shape market perception, respond to competitive threats, evaluate trends and issues and improve the return on their marketing investments. Biz360's clients include AAA, Aetna, AstraZeneca and Sun Microsystems.

(www.biz360.com)