Startup technology company, Spredfast, has recently received a round of investment capital totalling approximately $12 million to help with expansion. The company already has 50 employees in the Austin area with plans to hire an additional 50 in sales, marketing, and product development. They plan to fill the new roles within the next 6 months. The company has raised a total of $16 million in venture funding so far.
The company is also planning to expand it’s office space by leasing additional square footage near the existing office. The new lease will bring the total square footage leased by the company to 16,000.
Spredfast already has an impressive stable of clients, including Nokia, Toms, Wells Fargo and AARP. According to a story in the Austin American-Statesman, the company provides a centralized platform for companies to manage and monitor all of their social networking activities and efforts. They focus primarily on Facebook, Twitter, LinkedIn and various blogging sites. The competitive difference between Spredfast and the various other social network dashboard programs is the ability to manage multiple products or brands under one umbrella site, something that is particularly useful for businesses.
Congratulations to Spredfast on their recent funding. Mission Mortgage of Texas, Inc. wishes you much success now and in the future.
To read the original Austin American-Statesman article, please click here.