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Oct
16
2009
Sometrics that helps social networks better monetize the web sphere has raised a healthy $4 Million for its platform. The funding came from Steamboat Ventures along with participation from existing investors which include Greycroft partners and The Mail Room Fund. The platform works around by letting social networks find better and more efficient ways to monetize themselves which seems to be quite an issue for many networks out there. Plus the platform has a lot for the future given that more online gaming and virtual networks would try to monetize their networks and it has key partnerships with major players which include Outspark and Playdom.
Tags: funding, sometrics
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