Social Analytics Platform BackType Raises a Cool Million in Funding

Today, San Francisco-based marketing intelligence company, BackType, announced that it has closed a seed funding round of just over $1 million, led by a group of Silicon Valley investors, including lead investor True Ventures as well as Manu Kumar's K9 Ventures, Freestyle Capital, Chris Sacca's Lowercase Capital, Dave McClure's 500 Startups, Founder Collective, Raymond Tonsing, and more. BackType adds to the previous cumulative $315,000 of seed funding it raised in July 2008 and January 2009, from Y Combinator and True Ventures, respectively. It also recently added one of the co-founders of Palantir Technologies as an advisor.

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