First Investment For MailRoom Fund Is Social Network Analytics Startup

Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
Michael Arrington
TechCrunch.com
Thursday, May 15, 2008; 1:09 AM

People expect MailRoom Fund, a joint venture fund established by William Morris Agency, Accel Parners, Venrock and AT&T earlier this year, to make interesting investments. With deep connections in the entertainment, technology and communications industries, they can't help but have great and varied deal flow.

So of course their first investment is a social network analytics startup called Sometrics, which raised an undisclosed round of financing (rumored to be around $1 million) from the fund. Sometrics is based in Los Angeles.

Sometrics provides metrics (think Google Analytics) to social network application developers. Built a Facebook application? Sometrics will tell you page views and unique visits, installs and uninstalls, age of users, gender of users, number of friends and location of users. The basic service is free. For more information: AllFacebook wrote about Somemetrics at launch, and InsideFacebook compared them to competing social application analytics providers. Currently, 500 developers are using Sometrics during its beta period.

This may have been a better investment for the funds established specifically to fund Facebook applications, rather than the new MailRoom Fund. But hey, this is the new new Internet. Anything can happen. And does.


© 2008 TechCrunch