A little less than a year after its official launch, mention today announced the closing of a seed round worth $800K (around €600K) from Alven Capital and Point Nine Capital.
mention, which was founded in April 2012, makes it possible not to miss anything said about a name, a product or a company on the web and social web. Available on every device, mention allows you to create an alert on your name, brand, company and competitors and be notified, in real time of any new mention on the web and social networks. With mention, users are also able to share and react to these mentions, and make the Community Management work collaborative. mention has currently 50,000 users, paying customers from 46 countries and revenue growing double-digit every month.
“We’ve decided to quickly raise a seed round on a “flash mode” to take advantage of the momentum we are in”, says Edouard de La Jonquière, CEO of mention. “We’ve contacted 5 investors whom we knew were thrilled by the project with a single HTML 5 presentation page and a pre-drafted terms sheet. The whole idea was not to lose any time on the round and keep focusing on product development and traction“.
The Paris- and Brussels-based company will use the capital in order to structure a marketing and sales team, as well as develop the product to make it even more collaborative for multiple-users organizations. A US relocation of the core team is also in the pipeline.
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We’re using mention to monitor an array of local keywords. It’s easy to use and it works as promised. I’m currently on my 5th day trial period and at this early stage, I can say that I’m already sold. Great product!