Klout bought by VC-backed Lithium Technologies for $100m


Venture capital backers of online social influence tracker Klout have reportedly seen the business bought by Lithium Technologies for $100m.

Klout has picked up at least $40m of funding to date that is known of and has held several other rounds of financing since a Series C in 2011.

Kleiner Perkins Caufield & Byers, Greycroft Partners and Institutional Venture Partners are all backers, as are ff Venture Capital and Venrock.

Lithium is venture capital-backed itself, having received more than $150m from firms including Shasta Ventures, Benchmark Capital and Emergence Capital Partners.

Copyright © 2014 AltAssets