Content sharing website Shareaholic has secured $3M funding led by Kepha Partners & Existing Investors.
The Boston and New Delhi based company provides web content-sharing tools and analytics. It has a network of over 200,000 content publishers, and has now reached nearly 270 million people per month via the network of websites using its products.
Kepha Partners is the lead investor in the round as well as Shareaholic’s existing investors which include General Catalyst Partners, NextView Ventures, Boston Seed, 500 Startups and additional angel investors.
Shareaholic plans to use the funding to increase its engineering and marketing team and to invest in its technology.
Founded in 2008, the company’s that allow them to provide content recommendations and sharing options on their own sites. The company also gives publishers an analytics dashboard to track the reach of their content, and provides an API to developers.
Shareaholic had earlier raised $2M in funding from General Catalyst Partners, NextView Ventures, Dave McClure of 500 Startups, Nicole Stata of Boston Seed, Edward Roberts of MIT, Dharmesh Shah of HubSpot and others.
Nearly two million people have downloaded Shareaholic’s browser plug-in, which enables content sharing via Facebook, Pinterest, Twitter, Google+, Tumblr and traditional e-mail, claims the company.
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