Conversocial CRM Social Media Tool Raises $4.4M Led By Octopus Investments

Conversocial has been around since 2009, but only recently has the team decided to infiltrate the U.S. market with its social customer service software, which brings the social media response team into the call center. The company has just secured a $4.4 million A2 round led by Octopus Investments, including a $3.2 million investment alongside a previous $1.2 million convertible note. The investment is aimed toward powering the UK-based company's expansion into the U.S., as well as further product development and hiring. This latest A2 round comes on the heels of a $2.4 million Series A round in May of 2011, bringing the company's total funding to just under $7 million.

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