Peter Kafka

Recent Posts by Peter Kafka

More Money for Facebook Marketing: Shoutlet Raises $15 Million From FTV

It’s a good time to run a company that helps marketers use Facebook. Oracle and Salesforce.com just dropped some $1.1 billion on two of them in the last couple weeks. And investors are pouring money into other firms that make similar pitches.

For instance: Madison, Wis.-based Shoutlet, which offers a suite of social marketing tools, has raised a $15 million C round from FTV Capital, bringing its funding total to $24 million.

Shoutlet CEO Jason Weaver won’t disclose sales numbers, but says he has more than 400 customers who use his company to build and manage marketing campaigns on Facebook, Twitter and now Pinterest. Facebook campaigns account for about 75 percent of the company’s business, he says.


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The ultimate native ads are the glossy fashion ads in Vogue: in most cases, they’re better than the editorial, and as a result, readers spend as much time with the ads — if not more — as they do with the edit.

— Felix Salmon, writing about the potential of native advertising on the Web