Media analytics company Chartbeat, which is used by major publishers including the BBC, New York Times and Washington Post, has been bought by software investment firm Cuadrilla Capital for an undisclosed sum.
Chartbeat’s chief executive John Saroff will continue to lead the business into its “next phase of growth”.
Saroff said: “As content creation proliferates, media companies are faced with the challenge of how best to draw and engage users.
“Our mission is to enable meaningful stories to thrive by helping organizations build deep connections with their audiences – all in real-time. Cuadrilla’s sponsorship provides us with the support and resources to accelerate our strategic roadmap in service of our customers through product innovation and market expansion.”
Source: Press release
Deal size: Undisclosed
Country: US
Status: Official
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