Source: CNBC
Summary
Nectar Social, an AI-powered marketing platform, has raised $30 million in a Series A funding round led by Menlo Ventures and its Anthology Fund. The funding was announced on Thursday.
Our Reading
The launch follows a familiar script.
Nectar Social gets $30 million to make AI-powered marketing more accessible. Because what the world really needed was more AI in marketing. Menlo Ventures and Anthology Fund lead the charge, because investing in AI is the new “we’re a serious company”. The announcement sounds like a rehash of existing marketing automation tools, but with more AI buzzwords.
Author: Evan Null
