MomentFeed Confirms Funding

Location-based analytics company MomentFeed, which is in Los Angeles, has confirmed the details of its funding round, saying that the $1.8M raised by the firm earlier this month came from existing investors Gold Hill Capital, DFJ Frontier, DFJ-JAIC Venture Partners, Double M Capital, Daher Capital, Gil Elbaz, Clark Landry, and Walter Kortschak. MomentFeed's software is being used by retailers to better analyze, understand, and manage the social media activity around a retailer's physical locations, on such sites as Foursquare, Facebook, Instagram, and Twitter. MomentFeed's software is being used by multi-store chains to both manage and understand that activity around their locations. More information »