Audiense, a consumer insight and engagement provider, has received £3.8m in funding from seed investor Mel Morris.
The investment will support Audiense’s growth plans, which include scaling-up its sales and marketing functions, powerful new platform functionality, and expansion into North America.
Morris, the former chairman of Candy Crush creator King Digital and owner of Derby County Football Club, commented: “An estimated $15bn will be spent on social marketing by businesses in the USA alone this year, and delivering more strategic and measurable value to those spending it is going to be key. I believe the Audiense team and tech, packed as it is with genuine and deep expertise in socially-acquired data and insight, is superbly poised to help businesses extract maximum value from their social marketing budgets.”
Javier Burón, co-founder and CEO of Audiense, said: “Four thousand Audiense customers are already enjoying the benefits of our SaaS capabilities, but we’re only just scratching the surface of the market. Companies are beginning to understand how vital consumer insights are to their future success or even to their continued existence. Massively positive feedback from our rapidly growing customer base would suggest we have the right solution at exactly the right time.”
Audiense works with a wide range of enterprise clients, and is one of only two Twitter Official Partners worldwide for both data/insights and advertising.