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	<title>Betabeat &#187; Klout Closing On Big New Round of Funding</title>
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		<title>Betabeat &#187; Klout Closing On Big New Round of Funding</title>
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		<title>Klout Closing On Big New Round of Funding</title>

		<comments>http://betabeat.com/2011/10/klout-closing-on-big-new-round-of-funding/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 09:13:07 -0400</pubDate>
					<link>http://betabeat.com/2011/10/klout-closing-on-big-new-round-of-funding/</link>
			<dc:creator>Ben Popper</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=20062</guid>
		<description><![CDATA[<p><div id="attachment_20064" class="wp-caption alignleft" style="width: 310px"><img class="size-medium wp-image-20064" title="klout" src="http://nyobetabeat.files.wordpress.com/2011/10/klout.jpg?w=300&h=164" alt="" width="300" height="164" /><p class="wp-caption-text">We&#039;re coming for you @cdixon!</p></div></p>
<p>A person's status on social network is fast becoming an important part of their resume for many tech sector jobs. Mayor Bloomberg never fails to mention the Twitter-savvy—and sizeable following—of his chief digital officer Rachel Sterne.</p>
<p>So it didn't surprise Betabeat to learn that <a href="http://www.klout.com/home">Klout has signed a term sheet on a big new round </a>of venture funding.<!--more--> The service awards users a ranking between 1-100 based on their influence across social networks like Twitter, Facebook and Foursquare.</p>
<p>Klout is based in California but has a number of New York investors. <a href="http://www.crunchbase.com/company/klout">Its series A, a modest $1.5 million</a>, was followed seven months later by a $8.5 million series B. We're told the series C will continue to add significantly to Klout's funding and valuation. The exact figures are not set in stone, but the lead investors are in place.</p>
<p>We currently have a Klout score of 64, which shockingly puts us ahead of our own editor-in-chief, Elizabeth Spiers. Surely our pay grade will reflect this in some brighter, bolder future. Hell we're only three point <a href="http://klout.com/#/user/JoeFernandez">behind Klout CEO Joe Fernandez</a>. Perhaps he avoids getting high on his own supply?</p>
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		<content:encoded><![CDATA[<p><div id="attachment_20064" class="wp-caption alignleft" style="width: 310px"><img class="size-medium wp-image-20064" title="klout" src="http://nyobetabeat.files.wordpress.com/2011/10/klout.jpg?w=300&h=164" alt="" width="300" height="164" /><p class="wp-caption-text">We&#039;re coming for you @cdixon!</p></div></p>
<p>A person's status on social network is fast becoming an important part of their resume for many tech sector jobs. Mayor Bloomberg never fails to mention the Twitter-savvy—and sizeable following—of his chief digital officer Rachel Sterne.</p>
<p>So it didn't surprise Betabeat to learn that <a href="http://www.klout.com/home">Klout has signed a term sheet on a big new round </a>of venture funding.<!--more--> The service awards users a ranking between 1-100 based on their influence across social networks like Twitter, Facebook and Foursquare.</p>
<p>Klout is based in California but has a number of New York investors. <a href="http://www.crunchbase.com/company/klout">Its series A, a modest $1.5 million</a>, was followed seven months later by a $8.5 million series B. We're told the series C will continue to add significantly to Klout's funding and valuation. The exact figures are not set in stone, but the lead investors are in place.</p>
<p>We currently have a Klout score of 64, which shockingly puts us ahead of our own editor-in-chief, Elizabeth Spiers. Surely our pay grade will reflect this in some brighter, bolder future. Hell we're only three point <a href="http://klout.com/#/user/JoeFernandez">behind Klout CEO Joe Fernandez</a>. Perhaps he avoids getting high on his own supply?</p>
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