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Google Ventures-Backed Start-Up TrueLens Nabs $1.2 Million

Social analytics start-up TrueLens announced Monday that it closed a $1.2 million round of funding led by Google Ventures. Other participants in the round include Charles River Ventures, Common Angels, 500 Startups and Boston Seed, as well as a handful of other angel investors. After compiling and analyzing data from multiple social networks, TrueLens offers more granular customer information to brands for marketing campaigns.

News Byte

Former Twitter Product VP Takes Spredfast Board Seat

Satya Patel has joined the board of directors at Spredfast, an enterprise-level social media management software company, the company announced Tuesday. Patel was vice president of product at Twitter until he left the company in June, has held product manager positions at Google and DoubleClick, and was a partner at Battery Ventures. Patel will hold an advisory role in Spredfast, joining the company’s four existing board members.

TweetMeme Closes Its Doors as Founders Focus on Social Analytics

Analytics are way cooler than they sound. Seriously.
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