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Social Media Software Company, Buzzient Gets $1.1 Million

August 30, 2011

The Boston Globe reported that Buzzient, a Boston company that makes software that enables businesses to use social media to keep tabs more effectively on their customers, has taken in $1.1 million in equity-based funding.

CEO Timothy Bernard Jones told the newspaper that the financing is an inside round, led by his seed fund TBJ Investments. Other investors are TiE Angels Boston, Buzzient board members John Luongo and Ann Fudge, and serial entrepreneurs Allen Graber and Ralf Faber.The deal includes a $500,000 convertible debt investment the company inked in 2008, which has now been converted to equity. The SEC document Buzzient filed last week indicates that the total funding could reach $1.4 million.

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