Dachis Group Raises $30 Million In Second Round

Posted Jan 4, 2011

Dachis Group is a social media consulting firm that has raised $30 million in a second round of funding. Dachis Groups sells software to businesses that want to improve their brands through social media. Dachis Group was founded by Jeff Dachis, who co-founded Razorfish in 1995.

Dachis focuses on three strategies for his business:
1. Social business strategy
2. Social business engagement
3. Social business intelligence

Dachis Group acquired social business company Xplane this past April after the company raised $50 million from Austin Ventures in June 2008. Dachis Group has 300 clients which include Microsoft, AOL, AMEX, AT&T, Bud Light, Calvin Klein, Cisco, etc.