Clearspring Buys Data Science Start-Up XGraph

Clearspring, the social sharing company — in an effort to increase its business as a marketing analytics player — has acquired XGraph, a data science firm.
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Clearspring Raises $20M for Audience Data and Gobbling Up Start-ups

Clearspring, maker of the AddThis sharing tool seen on nine million Web sites, has raised $20 million in Series D funding led by Institutional Venture Partners.

Clearspring Plus AddThis–But Does That Add Up to a Real Business?

In a move to dramatically increase its traffic and give it more tools to offer publishers, Clearspring Technologies said it will acquire AddThis, the top bookmarking and content-sharing tool on the Web. As with many social-networking start-ups, whether this disparate traffic can be easily translated into a revenue-generating business remains to be seen. The McLean, Va.-based Clearspring–one of several widget networks seeking to connect publishers and advertisers with social tools by helping them embed small pieces of content across Web and monetize that content–would not disclose the price it paid for the Princeton, N.J.-based AddThis.