The social business analytics startup has raised $26m from its series B round, with Quest Hospitality Ventures among the investors.
US-based social business analysis company NewBrandAnalytics secured $26m in series B financing on Thursday. The round was led by venture capital firm (VC) New Enterprise Associates, with participation from Quest Hospitality Ventures, the VC firm affiliated with lodging equipment supplier Quest Hospitality.
Also participating in the round were America Online co-founder Steve Case’s investment firm Revolution Ventures, VC fund The Entrepreneurs Fund and several angel investors. NewBrandAnalytics is planning to use the cash to accelerate its growth and customer acquisition.
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