Dachis Group Raises $7.5M To Expand Its Big Data Social Analytics Platform

Dachis Group, a amicable selling and analytics startup led by Jeffrey Dachis (who formerly co-founded and led interactive selling group Razorfish), announced currently that it has lifted $7.5 million in array C financing, led by Austin Ventures.

The lift brings a company’s appropriation to $58.5 million, and is Dachis Group’s initial financing given its $30 million array B in Jan 2011. Rather than being a “down round,” Dachis tells us that a association didn’t need as many collateral this time around and wanted to equivocate any serve “dilution to a shareholders.”

Today, a Dachis Group claims to be operative with some-more than 50 percent of Fortune 500 brands, as CTO Erik Huddleston told Anthony final summer, and some-more than 60 percent of a patron bottom “already runs amicable campaigns.” Huddleston was referring to a launch of Dachis Group’s fourth subscription program product, Campaign Performance Monitor, that directed to assistance brands learn either or not their amicable campaigns were indeed producing a preferred results.

The product built on tip of a company’s expanded amicable information height — something it has looked to continue since, quite with an enlargement into Big Data. Thus, a owner says that Dachis Group is formulation to use a new $7.5 million to continue expanding a vast information amicable analytics platform, which, in reduction than one year, sole over 100 craving licenses to brands like Nokia, Bloomberg, Bank of America and ATT, he says.

As brands and agencies continue to demeanour to precedence amicable selling to assistance rivet with business during scale, they need to optimize that spend and be means to improved magnitude a ROI of amicable campaigns. Dachis Group’s amicable selling analytics height analyzes a amicable rendezvous of over 35,000 brands to a balance of “several hundred million amicable actions” any day — information which, in spin represents over 850 trillion permutations and scarcely 20 billion warranted code impressions per day.

The association now offers a horde of collection to assistance brands lane rendezvous during scale, from opening dimensions and loudness (advocate and worker insight) to reporting, along with a horde of other data-driven amicable selling solutions. The association wants to turn a enterprise-grade, amicable analytics height of record.

“In a universe of mobile apps, cord cutters, time shifters, and disappearing mass media expenditure rates, a business comprehend that rendezvous by amicable selling is a many fit approach to build a trusted, authentic code attribute with customers,” Dachis says. “But if we can’t magnitude it, we can’t conduct it, so we offer a height to assistance them magnitude that rendezvous during scale.”




  • DACHIS GROUP

Founded in 2008 by Jeffrey Dachis, Dachis Group was combined to clear a value of amicable business for vast corporate enterprises and brands by a amicable selling optimization program and solutions. The company’s plan is corroborated by a joining from Austin Ventures to build and grow organically and by acquisitions.

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