CitizenNet acquired by Condé Nast
CitizenNet was acquired. From our blog:
The story of CitizenNet is a long one. We started nearly eight years ago, before social advertising even existed, with a singular focus on building technology to understand natural language and extract meaning from social data. CitizenNet then became one of the first companies to build a platform on the Facebook Advertising API, and one with a novel approach: predicting advertising outcome. Since then, we predicted box office results, developed award-winning visual reporting tools, and championed a measured approach to influencer marketing.
One thing we never did, however, was raise a VC round of financing. As a result, we ran much leaner than our competitors – but even still, I’m proud to say we operate profitably and nearly doubled our year over year growth for the past three years.
Now we have real fuel to put on the fire, and we’re just getting started!