Trisha Shetty (Editor)

Chartbeat

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Website
  
chartbeat.com

Founded
  
2009

Type
  
Privately held company

CEO
  
John Saroff (Feb 2016–)

Headquarters
  
New York City

Chartbeat httpsstatic2chartbeatcomimagesmarketingng

Chartbeat builds partnerships first before recruiting linkedin customer interview


Chartbeat is a web analytics company headquartered in New York City. It was started in 2009. The company helps provide actionable insights to news websites and blogs that the websites and blogs can use to make real-time decisions about the content to publish and promote on their sites.

Contents

In August 2010, the company was spun off from Betaworks as a separate company.

A Mashable article in April 2012 listed Chartbeat as one of three useful real-time analytics tools for businesses, alongside Hootsuite and Parse.ly.

Chartbeat has been touted and critiqued as an alternative to Google Analytics for real-time data. In February 2016, CEO Tony Haile announced he was resigning from the company after seven years as CEO.

History

Betaworks launched Chartbeat in April 2009 as a real-time web analytics tool that publishers could use to react quickly to changes in user behavior. At the time, Google Analytics did not offer real-time data. The launch of Chartbeat was part of a broader strategy by Betaworks to capitalize on the growth of the real-time, stream-based, social web. Betaworks had also invested in Twitter, Tumblr, bit.ly, and TweetDeck.

In August 2010, Chartbeat crossed the 1 million concurrent user mark and in January 2011, Chartbeat crossed the 2 million concurrent user mark.

In July 2011, Chartbeat launched Newsbeat, a version of their service for news sites.

In April 2012, Chartbeat revealed new social features, an iOS app, and a redesign. Chartbeat incorporated real-time analytics for video data in April 2013 and for native advertising in May 2014.

Funding

In August 2010, the company was spun off from Betaworks as a separate company and raised $3 million in venture capital funding from Index Ventures, Ron Conway’s SV Angel, Chris Sacca’s Lowercase Capital, Chris Dixon’s Founder Collective, Lerer Ventures, O’Reilly AlphaTech Ventures, Freestyle Capital, betaworks, Jeff Clavier’s SoftTech VC, and Jason Calacanis.

Chartbeat raised $9.5 million in a Series B round in April 2012, with the goal of using the new funding to change the focus of their analytics service towards measuring user engagement. The round was led by Josh Stein at DFJ and Saul Klein of Index Ventures, who had led the company’s seed round.

In May 2014, the company raised an additional $3 million.And then it raised $15.5 million in May 2015.

References

Chartbeat Wikipedia