Gigya has raised $9.5 million Series B round of financing led by Mayfield Fund, with additional investment from existing investors Benchmark Capital and First Round Capital. Gigya’s Wildfire technology currently installs hundreds of thousands of widgets per day, and tracks over three billion widget impressions per month for its clients, including Kimberly-Clark, MTV, Levis, Sprint and Toyota.
Gigya will use the funds to continue its rapid growth, including the enhancement of its core Wildfire technology, its pay-per-install widget distribution network, as well as the development of additional products that facilitate the discovery and monetization of the social web.
Navin Chaddha will be joining Michael Eisenberg on Gigya’s board of Directors. Navin was named a top 10 investor on the Forbes Midas List in 2008.
Originally posted on March 10, 2008 @ 12:56 pm