Media6Degrees raises $9.8 million in an extended first round | Startup Meme - Technology Startup and Latest Tech News

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Apr 28 2009

Media6Degrees raises $9.8 million in an extended first round

Sardar Mohkim Khan 

funding thumb7 Media6Degrees raises $9.8 million in an extended first round

Media6Degrees, a social media analytics company raised a healthy $9.8 million to complete its first round that began almost a year ago. The round had been extended to accommodate $2.5 million funding from its latest investor, Venrock to add to the previously raised $7  million and $300,000 from USVP and other investors. The investment in the tech sector has taken quite a hit, falling by fifty percent of what it was prior recession, therefore raising funds is always a tough ask. Many companies, including the giants in the business have taken initiatives to cut short expenses.

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