Capital Entrepreneurs member company Networked Insights raised $5m in series A funding from Madison angel investment firm Kegonsa Capital.Â From the Milwaukee Journal Sentinal article titled Networked Insights Raises $5m:
Networked Insights raised the money in a funding round led by Kegonsa Capital Partners, a Fitchburg investment fund. The company will use the money to continue listening in on 1.5 billion conversations that 300 million people are having each month on the Internet, the company said.
“This infusion of capital will propel us even further in that direction, tapping the power of the largest focus group in the world to improve any and all marketing activities that rely on understanding the customer,” Dan Neely, the company’s founder and chief executive officer, said in a statement.
Networked Insights was founded in 2006 and has offices in New York, Chicago and San Francisco. The company previously raised $4 million from Kegonsa and other investors. The new round brings the total amount of investments it has raised to $9 million, the release said.