BackType

Since we decided to focus exclusively on social analytics less than a year ago, interest in BackType has exploded. Thousands of people use our product every day, thousands have applied for access to our private Beta, and we’ve served billions of API calls and widget impressions. Users of both our product and API love BackType.

However, most of what we have to offer is still behind closed doors. We want to change that, so we recently raised $1MM+ from top tier angel and venture investors to help. The capital will help us grow the team, continue to invest in product development and launch our upcoming paid product later this year; the new investors help provide the insight and experience that will support our growth in 2011 and beyond. At BackType, we’ve built the the most advanced system to analyze social data in the world, and our new product is going to leverage all of that technology.

Meet Our Investors

We could probably write a blog post for each investor, explaining why they’re an excellent partner to build our business with, but the list speaks for itself:

Y Combinator, True Ventures, K9 Ventures (Manu Kumar), Lowercase Capital (Chris Sacca), Freestyle Capital (Josh Felser, David Samuel), 500 Startups (Dave McClure), Founder Collective (Chris Dixon), Raymond Tonsing & Seth Berman, Auren Hoffman (CEO Rapleaf), Paige Craig (CEO BetterWorks), Andrea Zurek (XG Ventures), Pietro Dova (XG Ventures) and Sachin Agarwal (CEO Posterous).

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This entry was posted on Wednesday, March 23rd, 2011 at 3:10 am and is filed under Announcement. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.