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Social Ad Profiler Xtract Funded To Grow Out Of Europe

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imageHelsinki’s Xtract, an agency that gathers social media impact data for advertisers, has closed a €7.5 million (£5.9 million) second round of funding to expand outside of Europe. The funds come from Creandum and ETF III, advised by Eqvitec Partners and InnovationsKapital. Xtract works with 50+ clients including Nokia (NYSE: NOK), T-Mobile, Vodafone (NYSE: VOD), Blyk and Flirtomatic to generate profiles visualising social interactions, behaviour and demographic information that can help refine ad campaigns. Release.

Jul 9, 2008 3:27 AM ET

Posted In: Advertising, Money, M&A & Venture Capital, Venture Capital, Social Media, creandum, etf iii, xtract

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