Social Media Monitoring Firm Radian6 Raises $4 Million

Authored by Mark Hefflinger on May 30, 2007 - 12:30pm.

*A correction has been made to this story.
Fredericton, Canada - Radian6 Technologies, a provider of social media monitoring and viral behavior measurement services for marketers and advertisers, announced that it has raised $4 million in a new round of funding, led by BCE Capital.

Brightspark Ventures and BDC Venture Capital also participated.

Fredericton, Canada-based Radian6 provides monitoring, crisis management, customer relations and viral marketing services for social media.

The company will use the funds to accelerate its growth plans.

*Correction: The original version of this story incorrectly stated the company had raised $3.7 million (or $4 million CDN). The company raised $4 million U.S.

Published in DMW Daily, May 30, 2007

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Comments

Thanks for posting our news Mark..

Submitted by Chris Ramsey (not verified) on May 30, 2007 - 7:11pm.

...one correction however is that the $4M is in US dollars (not CDN), so no need to convert to 3.7.

Thanks for the clarification, Chris

Submitted by Mark Hefflinger on May 31, 2007 - 2:29pm.

Correction appears above. -Mark Hefflinger, Editor