The business of monitoring, measuring and understanding social media
Engagement Labs (TSXV:EL) announced that it has raised $4.3 million in a private placement of shares and purchase warrants. While stating that the money will be added to general working capital, the company reiterated its announced intention to pursue an acquisition this month. It has also completed an equity-for-debt resolution with a service provider.
Separately, Engagement Labs announced a partnership with Netvibes that will make a set of dashboard widgets from the company's evalue analytics Pro suite available to Netvibes clients.
SMA is retired. Check out the new project (mostly not about social media).