2014’s biggest investments: DataSift £28m
Insight Venture Partners investment for social data mining platform started by entrepreneur Nick Halstead
Social data mining platform DataSift secured circa £28m ($42m) Series C round led by serial social media investors Insight Venture Partners. After closing a (£4m) $6m Series A round in 2013, the deal takes the Reading based company’s total to more than £46.5m ($70m). Entrepreneur Nick Halstead – who started the company in 2010 – plans to resource greater sales and marketing spend and move into new data types.
Read more about the deal here.