The social media monitoring service has pulled in series A funding from Credit Agricole at the same time as it acquires American competitor ReviewAnalyst.
Germany-based social media monitoring database TrustYou closed a $5m round of series A funding on Tuesday at the same time as it acquired its US-based competitor ReviewAnalyst.
Credit Agricole Private Equity, the eponymous France-based banking group’s corporate venturing division, led the round. The capital will be used to expand TrustYou’s operations globally, particularly to the US where ReviewAnalyst’s own service operates.
The acquisition brings the number of businesses using TrustYou’s platform to more than 6,000, including a number of…
