Sonico Receives $1.7 Million in Additional Investment

Sonico announced that DN Capital and other major national and international investors have provided an additional $1.7 million to the $4.3 million raised during last year's round of financing.

Sonico welcomed a group of top local and international industry executives to its ranks this year, including Alexandre de Freitas, who joined the company as Country Manager of Sonico Brazil in October, and Angel Gambino, who joined the team a month ago as Vice President of Business Development.

Sonico has been a part of the social network boom this year, experiencing steady growth in its user numbers (more than 43 million by late December). The company has joined the OpenSocial platform (a Google and Yahoo-led initiative, among others, to develop and share social applications); launched Public Pages, which allows companies, brands, politicians and celebrities to join the online conversations and interact directly with users; and, in November, opened an office in Sao Paulo, Brazil, a market where it already has more than 9 million registered users.

Related Articles:


Trackback from your site.

Editorial Staff @portada_online

Portada Staff

MORE FROM PORTADA

GroupM’s Susan Schiekofer and Undertone’s Michael Pallad Will Discuss Brand Safety at #PortadaNY

GroupM’s Susan Schiekofer and Undertone’s Michael Pallad Will Discuss Brand Safety at #PortadaNY

Do digital advertising standards and policies need to change in the light of fake news, transparency and ad fraud issues? Hear from the executive responsible for digital trading and implementation across all of GroupM’s agencies about what needs to be done so that brands demands are 100% met.



Women in Marketing and Media: If You Don’t See Her, You Can’t Be Her

Women in Marketing and Media: If You Don’t See Her, You Can’t Be Her

Although women are increasingly more visible in the industry, there’s still a long path to go towards women achieving their full potentials and pushing their untapped capabilities to the maximum, especially for Hispanic and African-American women, who feel their barriers are even higher.