Linqia Raise $ 3.475 Million
Social Media Platform exits Stealth Mode with $ 3.5 Million Series A
Linqia, a marketing platform that creates easy access for community leaders, has raised $ 3.475 million in Series A funding. The round was led by Jed Katz of Javelin Venture Partners and other existing angel investors.
The two founders have experience in the social media market as Sipka held a position as the former COO of the European business social network Xing and her co-founder, Nader Alizadeh built a company named Lithium Technologies, which developed the large enterprise social CRM service such as blogs and forums. The news first went public last week when the SEC reported that the amount was $ 4.475 million and Maria Sipka, the co-founder and CEO who already raised $ 4.4 million to date noted that the remaining $ 1 million is most likely to be closed in the next couple of weeks.
The media platform works with trusted brands to reveal fascinating stories for their network of communities. Once the customer registers to Linqia, one is invited to take part in paid campaigns and share stories and experiences with the community in an authentic way.
Linqia, founded in November 2011 as a social advertising platform, aids in matching brands with influential community groups.
by Melanie Marusic