InRev Systems Raises SeriesA Funding
Bangalore based InRev Systems has raised Series A funding from a Kolkata based IT focused investor. The name of the investor was not disclosed. Post investment, Delhi based Raj Mishra will join InRev's board.
The funds will be used to set up offices in Delhi, Mumbai, Chennai and Kolkata. Part of the infused capital will also be used to set up a sales unit.
InRev was founded in January 2009 by Bhupendra Khanal, Sweta Sharma , Rohit Gupta, Deep Sherchan, Binit Thapa and Laxmi Khatiwada.
InRev owns Simplify360 - a social media brand monitoring and analytics tool. Simplify360 is a social analytics, engagement and campaign platform to monitor brands on social networking sites, news sites, blogs and video sharing portals based on keywords and classify them using automated sentiment analysis.
Users can create online campaigns to schedule messages to multiple networking sites, run polls, conduct email campaigns and more. Simplify360′s collaboration framework allows team task assignments.
It's clientele includes Cafe Coffee Day, Starcom Mediavest Group, Beehive Communications, Impetus Research, Mast Kalandar, Narayana Netralaya and Spar Hypermarket among others.
Other online brand monitoring apps available in the market include Radian 6, Kurrently, Tweetbeep, Though-tBuzz, Sysomos, Lithium, iEngage, Alterian, Brandwatch, Omllion and Reputeme.
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KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
|---|---|---|---|---|
| 27/01/12 | InRev Systems - Series A Funding | Venture Capital | Unknown Investor | - |
| Date | Type | Buyer | Target | Size ($mn) | State |
|---|---|---|---|---|---|
| 17/02/12 | Private Equity | Updata Partners | July Systems and Technologies Private Limited | 15.00 | Completed |
| 16/02/12 | Venture Capital | Naya Venture | Global Outlook Private Limited | 2.00 | Announced |
| 15/02/12 | Private Equity | Norwest Venture Partners | Manthan Software Services Private Limited | 15.00 | Completed |
| 15/02/12 | Venture Capital | Rajan Anandan | ReachAccountant.com | - | Completed |
Company |
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| Name | Promoters | Office | Competitor | Website |
|---|---|---|---|---|
| InRev Systems Bangalore Private Limited | Deep Sherchan Rohit Gupta Sweta Sharma Bhupendra Khanal Laxmi Narayan Khatiwada Binit Thapa |
#56, 3rd Main, K R Garden, HAL Airport Road | www.in-rev.com | |
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