Social Marketing Startup Secures $750K of Angel Funding

Flowtown, the social marketing platform that helps businesses transform their email contacts into engaged customers, announced that it has raised $750K in seed funding.

The funding comes from a group of angel investors, including: Mitch Kapor (founder of the Lotus Development Corporation), Mark Goines ( board member), Dave McClure of 500 Startups, Steve Anderson of Baseline Ventures, Saar Gur at Charles River Ventures, Travis Kalanick, Auren Hoffman, Brian Norgard, and Dan Gould.

Flowtown aims to  bridge the divide between traditional email campaigns and social media. The service transforms a list of email contacts into meaningful demographic and socialgraphic data — instantly showing a company who their customers are and where they spend time on the social web.

Since its launch in November 2009, the company reports 35% month-over-month customer growth with more than 15,000 businesses now using the service.

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