Brandwatch receives $22 million in funding

Posted May 23, 2014

Brandwatch is a service that enables companies to monitor and analyze conversations on social media websites, which has raised $22 million in funding. Highline Capital Partners Europe led the $22 million round. Nauta Capital also participated in this round. Brandwatch works with over 1,000 brands like Verizon, Whole Foods, and Pepsi.

The company has seem another year of 100% revenue growth this year, according to VentureBeat. Brandwatch will be using the funding to double its engineering and product teams. The company will also use the funding for tripling its infrastructure budget.