Zuberance Raises $8 Million in Series B Round

San Carlos, Calif. (PRWEB) October 26, 2010

Zuberance, provider of an award-winning Word of Mouth marketing platform that energizes Brand Advocates, announced today it has received $ 8 million in Series B funding led by Canaan Partners. Existing investor Emergence Capital Partners and Correlation Ventures also participated in the round.

Zuberance will use the proceeds of its Series B financing to accelerate its growth, further enhance product innovation, and expand sales and marketing. Zuberance is creating and leading the brand advocacy category, said Rob Fuggetta, Zuberance Founder and CEO. This funding will enable Zuberance to leverage our first mover advantage and enable more brands to harness the marketing power of their Brand Advocates, Fuggetta said.

Energizing Brand Advocates

Brand Advocates are consumers and business buyers who frequently recommend brands and products without being paid to do so. Brand Advocates trusted recommendations directly influence billions of dollars of purchase decisions for everything from cars to computers, hotels, restaurants, movies, and more. There are over 50 million Brand Advocates in the U.S., a valuable, highly influential, and yet under-utilized marketing weapon for companies.

The Zuberance Advocate Platform enables companies to identify and energize their Brand Advocates at scale to create and publish positive ratings and reviews, stories, and answers on Facebook, Twitter, Amazon.com, TripAdvisor, Yelp, brand websites, and elsewhere plus share promotional offers with their social networks. Integrated analytics enable marketers to track effectiveness of Brand Advocate programs in real-time plus get unique, actionable insights about Brand Advocates.

10X Return on Advocacy

Companies using the Zuberance platform are getting a 10X Return on Advocacy as measured by qualified leads, traffic, sales, and influence impressions. Conversion rates from Zuberance-powered Word of Mouth/Brand Advocate marketing are 5X to 10X higher than paid search, online advertising, and email marketing, an analysis of Zuberance-powered programs shows.

Major Restaurant Chain Energizes its Brand Advocates

A major restaurant chain is using the Zuberance Advocate Platform to energize hundreds of thousands of its Advocates. In only six months, the restaurants Brand Advocates have:

Web-Based POS provider Vend raises funding from Point Nine Capital and angel investors

Auckland, New Zealand (PRWEB) August 12, 2011

New Zealand based online pos software start-up Vend has secured a significant injection of capital from a European investment consortium led by Point Nine Capital.

The investment will accelerate the company's rapid international growth, expansion of the New Zealand based development team and the opening of a San Francisco sales office.

Vend provides an intuitive and powerful web-based POS (point of sale) software that lets retailers process sales, track inventory, and manage customers. The worlds first HTML5 retail POS, it works on any device or platform, including an iPad, or even existing POS hardware.

Just like Zendesk has revolutionized the customer service industry, Vend wants to bring a revolution to the POS industry and improve the lives of hundreds of thousands of people working in retail, said Point Nine Capital Managing Partner Christoph Janz, an early investor and advisor at Zendesk and several other successful Software-as-a-Service (SaaS) companies.

The setup cost to retailers for a traditional POS system can be astronomical, tens of thousands of dollars and weeks of hassle before theyve even made their first sale, says Vend Founder & CEO Vaughan Rowsell. With Vend, retailers can be up and running in minutes, for a low monthly fee. Plus, its software they actually love to use.

One of Vends competitive strengths is its seamless integration with other popular web software, such as Xero (accounting) and Shopify & Magento (e-commerce), offering retailers a full suite of low-cost, user-friendly tools to manage their business in the cloud.

Vend's user interface is intuitive, smooth, and speedy. Going with a cloud-based POS has allowed us to scale and access our data from any location and smoothly integrate the e-commerce and retail experience, says Travis Becker of Mollusk Surf Shops (New York, San Francisco & LA).

Vend now has thousands of users in more than 80 countries, less than a year after it was launched. Customers range from high street fashion chains to young hip boutiques, mom and pop stores to franchise networks, and are already processing more than $ 10M of sales through Vend each month.

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More Angel Investor Capital Press Releases

SS8 Raises $12.5 Million to Accelerate Product Development and Expand Distribution

Milpitas, CA (PRWEB) November 30, 2010

SS8, the leading US-based provider of lawful communications interception and forensics solutions today announced the closing of a $ 12.5 million Series B equity financing. New investor, Novak Biddle Venture Partners, joined existing investors, Goldman Sachs Private Equity Group, ONSET Ventures, Kleiner Perkins Caulfield and Byers, W Capital Partners, and Woodside Fund in the round. The successful financing attracted investment from all existing shareholders as well as several new parties--a testament to the expanding market opportunity and the increasing global attention on communication analysis to help combat crime and terrorism. This financing represents the second round of funding since SS8 repositioned itself; focusing solely on meeting global demand for cyber-security products and solutions.

With more than twenty-five years of security expertise, Novak Biddle Venture Partners co-founder and general partner, Roger Novak, will join SS8s Board of Directors. SS8 offers a unique combination of telecom-technology expertise, plus more than a dozen years experience working with both service providers and government law enforcement agencies in delivering field-proven lawful interception and cyber monitoring solutions, said Novak. Our investment, and the continued commitment from existing investors, reflects our confidence in SS8s ability to execute on their strategy to deliver end-to-end interception and analysis solutions.

SS8s end-to-end communication interception and forensics solutions manage the provisioning, acquisition, and delivery of intercepted network traffic and related call data to monitoring-center applications at law enforcement and intelligence agencies. Fully compliant with ETSI and CALEA interception and monitoring standards, more than 250 SS8 systems have been deployed globally for all major types of communications including wireline, wireless, IMS, cable, WiFi, WiMAX, LTE, VoIP and broadband IP data. The additional funding will allow SS8 to keep pace with technology developments required to support ever-increasing Internet bandwidth and myriad IP communication applications and protocols as they emerge and evolve.

New web-based communication applications such as webmail and social media have greatly increased the complexity of, and demand for, our interception and forensics solutions, said Dennis Haar, SS8 President and CEO. This round of funding will allow us to accelerate development and expand sales channels for state-of-the-art security solutions; helping governments around the world protect personal safety and national security.

About SS8 Headquartered in the heart of the Silicon Valley in Milpitas, California, SS8 is an independent global provider of regulatory-compliant electronic surveillance solutions. The companys solutions are currently deployed in over 25 countries at the largest wire-line, wireless, cable, VoIP and satellite service providers, supporting more than 500 million subscribers. These voice and data communications intercept solutions serve local, regional and national law enforcement and intelligence agencies worldwide. SS8 products are sold and supported both directly and through OEM partnerships.

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