Networked Insights Gets $20M VC Funding

Networked Insights has secured $20 million in a series B investor funding round.

Networked Insights has secured $20 million in a series B investor funding round. The financing, which brings the total amount of investor funding for the company to $30 million, will help accelerate the company’s organic growth strategy and market position, adds iStockAnalyst.com. The funding round was led by Goldman Sachs Asset Management. The venture-backed company that mines data on social-networking sites and other areas of the web was established in 2006 and has offices in New York, Chicago and Madison.

Click here for the release from Business Wire.

Click here for additional coverage from iStockAnalyst.com.