Socialbakers Completes Acquisition of U.S.-Based EdgeRank Checker
Facebook Analytics Platform Cements Socialbakers’ Domestic Presence, Bolstering its Client-Base by Nearly a Third.
Chicago & Prague, June 10th 2014
Socialbakers, the leading worldwide social media analytics and optimization company, today announced that it has completed its acquisition of EdgeRank Checker, a provider of social analytics for Facebook’s News Feed.
Socialbakers will be absorbing EdgeRank Checker’s entire client portfolio, made up of 700 multi-national companies and entertainment brands, bolstering Socialbakers’ domestic presence and growing its own client base by nearly a third.
Today's acquisition announcement follows on Socialbakers' recent announcement of $26 million in funding from Index Ventures for product development and international expansion.
"The acquisition of EdgeRank Checker reinforces our position as the global standard for social media measurement and optimization, as well as our vision of providing smarter social analytics to brands,” said Jan Rezab, CEO of Socialbakers. “Socialbakers is focused on two missions right now, cementing our U.S. footprint and providing brands with entirely new levels of social media insight. Acquiring EdgeRank Checker allows us to do this in one stroke."
EdgeRank Checker provides social marketers with deep insight into Facebook’s News Feed, optimizing a brand's news feed engagement by measuring content performance over time, industry and location. The company’s product features include: EdgeRank Over Time, News Feed Recommendations, Industry Reports, Best/Worst Comparison, Post Grades and Agency Dashboard.
News Feed is the battleground to win the hearts and wallets of consumers in social media, said James Brown, Perry Ellis International Social Media Director. I’m excited to see Socialbakers make this acquisition to provide even deeper understanding of what makes a successful content strategy.
Socialbakers' will now be able to provide access to full Facebook analytics and social analytics across all platforms, as well as deeper insights into Facebook News Feed performance for brands, a critical part of every social marketing strategy.
Post-acquisition, EdgeRank Checker will continue to be offered as a self-serve product, available to the one million monthly visitors to Socialbakers’ Web site and will be provided as a module in a future releases of Socialbakers Analytics. EdgeRank Checker will also provide a domestic development team to complement Socialbakers’ international development offices in Europe.
Socialbakers was created for social marketers by social marketers. Our mission is to become the industry standard for the way social marketing is measured and optimised by realising our vision to enable brands engage with their customers in the most social way possible. With over 2700 clients across 100 countries, Socialbakers tracks, analyses and benchmarks over 8 million social profiles across all the major social platforms including Twitter, Facebook, YouTube, Linkedin, Instagram, Google+ and VK in Russia. Socialbakers has been a Facebook Preferred Marketing Developer since 2011. For more information, visit www.socialbakers.com.
Alexandra Banks Director, Global Public Relations Alexandra@socialbakers.com +44 (0) 7876408400