Social Media Marketing Platform HipLogiq Receives $7M
November 20, 2013
Marketing software startup HipLogiq (previously Social Compass) has secured $7 million in Series B funding from Hadron Global Partners. The new investment follows the company’ $5 million Series A (led by Hadron) raised in May of this year.
The financing will allow HipLogiq to focus on market growth and more robustly promote its two social media marketing applications: SocialCompass for enterprise and agencies with a white label license and SocialCentiv for small- to medium-sized businesses. The company plans to double the size of its team from 20 to nearly 40 employees, including a new sales vice president to focus on New York City and its high concentration of advertising and digital marketing agencies.