Mzinga Completes $10 Million Financing to Fuel Growth


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Investment to Fund Product, Sales, and Marketing Expansion

Burlington, MA – September 23, 2009 – Mzinga (, the
leading provider of social software, services, and analytics that improve
business performance, today announced it has completed a $10 million round
of financing. The company will use the funds to strengthen its overall
financial position and increase investments in sales and marketing as well
as its social software and analytics offerings.

“We are excited to add Mzinga to our existing portfolio of technology
companies,” said Jeff Samberg, Managing Director of Acadia Woods Partners,
LLC, a New York-based investment partnership that led the round of
financing. “The company’s marquee client base, enterprise-class SaaS
technologies, and growing profitability position it for market leadership.”

Mzinga continues to maintain strong sales momentum as a result of increasing
market demand and growth of new and existing customers. Over the past two
quarters, the company has continued to secure significant client wins,
including leading brands such as Wolters Kluwer, RealNetworks, and New
England Sports Network (NESN), as well as one of the largest consumer
retailers in the world.

“Our mission is to become the unequivocal leader in the enterprise social
software and analytics market,” said Barry Libert, Chairman and CEO of
Mzinga. “This additional funding will help us take advantage of the
improvements we are seeing in the general corporate markets by bringing new
technologies and services to market that transform the way businesses
operate-ultimately enabling them to more effectively capture intellectual
capital, make better decisions, and innovate faster.”

New investors Acadia Woods Partners and BlueCrest Venture Finance Master
Fund were joined by existing investors W Capital Partners and Shared Capital
Partners in this round of funding. In conjunction with the funding, Jeff
Samberg of Acadia Woods Partners and Mark King of BlueCrest Capital Finance
have joined the Mzinga board of directors, which also includes Robert
Migliorino of W Capital Partners, Howard Rubin of Shared Capital Partners,
Andrew Hallowell of Arcadia Partners, and Barry Libert, CEO of Mzinga.

About Mzinga
Mzinga is the leading provider of social software, services, and analytics
that improve business performance. Through a combination of enterprise-class
technology, strategy and online moderation services, Mzinga social solutions
enable businesses to increase revenue and lower costs by improving brand
visibility, workplace satisfaction, and customer loyalty. Headquartered in
Burlington, Massachusetts, Mzinga supports more than 14,000 communities and
1 billion monthly page requests from 40 million unique visitors in 160
countries worldwide.

To learn more about Mzinga, visit

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