iCharts snaps up $3.1M to help companies graph data

Krystal Peak · February 29, 2012 · Short URL: https://vator.tv/n/24a7

From comScore to Coca Cola, iCharts is helping build and share interactive graphs online

The interactive charting tool, iCharts, announced Wednesday that it nabbed $3.1 million in its Series A funding round. This round of funding comes from German super-angels Regehr Capital Management Group; Saeed Amidi, founder and CEO of Plug N Play; and Lorenz Graef, founder and former CEO of Globalpark and brings the cloud company's funding to $4.5 million.

Primarily, iCharts has focused on offering an enterprise product for sharing interactive charts in the cloud. Company customers range from journalists to major analyst firms and global brands looking for the most effective way to translate droves of data -- including Coca Cola, comScore and IDC.

Because of the cloud platform that iCharts utilizes, you can consider the company to be the chart parallel to YouTube -- but on a much smaller level since the total chart views last year nay totaled nine million (the number of views of a single viral video on YouTube). Nonetheless, iCharts views last year represent a growth of 47.9% over the previous year.

The four-year-old Sunnyvale-based company prides itself of its ability to integrate its features and allow anyone to become an indispensable communication tool.

“We have filled an industry gap by creating a platform that radically simplifies sharing charts on websites and social media, “ says CEO and co-founder Seymour Duncker, in a statement.

The company also recently launched cloud-based premium offering that will help the company drive revenue and create a stronger professional portfolio. The packages offered by iCharts include the fee, basic package that includes 15 pre-built templates fro creating charts and one API connector, to the $25 monthly plan that adds charts for firewalls and paywalls and 50 API connectors, to the $65 monthly plan that includes custom templates, 100 API connectors and branded charts and chart books.

Similar to YouTube, companies or individuals can create channels to direct traffic to their analysis or compile all of their works in a single place for easy referral.

As I explored the iCharts site, I noticed some really great interactive and infromative charts that are publically shared on the site. Including the one embedded below that looks at the social media buzz around the latest watercooler events including the Oscars and The Grammys. Much like YouTube, I might get sucked into some serious chart discovery -- if that's what you're into. And I know I am.

[Chart: The Grammys inspired more chatter than the Oscars. Why is that?Description: Bluefin Labs measures how much viewers post on social networks during televised programming. Their post-Oscars analysis found that while the Oscars were a big hit with 3.8 million comments about it in the social universe, it didn't create as much buzz as the Grammys or the Super Bowl. Why is that? Bluefin surmises that people start their social chatter primarily during musical performances (which the Grammys was riddled with), and not during acceptance speeches.Tags: Oscars, Grammys, Superbowl, Madonna, Facebook, Twitter, social mediaAuthor: ChartChannel charts powered by iCharts]

And for those of you interested in social media, I found this chart that dipicts where the social media traffic is headed.

[Chart: FACEBOOK & YOUTUBEDescription: Recent Hitwise data reveals Pinterest is on the rise. Of the top ten social networking web properties, Facebook and YouTube hold the highest positions with total visitation in the billions. Pinterest has made it into the tenth position of 6.581 social site properites that were considered for the positioning.Tags: Pinterest, social networking, Facebook, YouTube, charts, graphs, infog ...Author: iChartscharts powered by iCharts]