Kinetic Social Raises $8M Series A Round


Kinetic Social, a social media advertising technology company, has raised $8 million in an initial close of a Series A round of financing.

The pact was structured with a companion venture term debt facility. Equity financing was provided by Blue Chip Venture Company (BCVC), and the venture debt financing was provided by Gibraltar Business Capital.

The venture debt from Gibraltar comes on top of a revolving working capital facility provided in mid-2012.

Kinetic Social was launched in 2011 with early stage capital provided by RBC Bank.

Also see:

Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.