The story is the exclamation point on ListenLogics rapidly developing
story. The virtual company, which has headquarters in Philadelphia and
an office in Silicon Valley, Calif., received $250,000 in funding from
Ben Franklin Technology Partners of Southeastern PA after an earlier
$125,000 investment.
There are over 150 million blogs and millions are tweeting every day, says Vince Schiavone, ListenLogics co-founder and managing partner. Theres always been an interest in learning about consumers, but now those consumers are defining the brands.
The companys RESONATE listening platform does more than just social media monitoring. It is a sort of social media intelligence tool that processes various online messages into a comprehensive, enterprise-wide report covering PR, legal, product development, marketing, customer service and business intelligence, among others. ListenLogic has consciously bridged the gap between Silicon Valley and Philly en route to utilizing supercomputing technology to compile real-time data on a client.
The company, which employs 10 in Philly and expects to quadruple that number in the coming year or so, has raised more than $1 million from angel investors. Its clients include Digitas Health and GSI Commerce locally.
Today you have to build a company in stealth mode, says Shicavone. We spent 18 months building this technology to have a very powerful skimming technology. Our CEO has eight patents in supercomputing. Well be profitable.
Source: Vince Schiavone, ListenLogic
Writer: Joe Petrucci