Fanrank Raises $320k in Angel Financing

App rewards fans for spreading the word about the things they love.

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Paris, France / San Francisco, CA (PRWEB) August 22, 2011

Fanrank, the developer of a new Facebook application that rewards fans for spreading the word about the things they love, announced today that it has raised $320,000 in angel financing. The funds will be used to accelerate product and business development.

Since beta launching in May 2011, Fanrank has been installed on the Facebook Fanpages of more than 3000 brands, television shows, films, celebrities and top music artists. Together, Fanpages that have installed Fanrank have over 75M fans. The app has grown to approximately 350,000 monthly active users according to independent Facebook monitoring firm AppData.

"Fanrank is moving quickly to own the fan loyalty space on social networks by gamifiying the experience of being a fan,” said Jeff Marois, Fanrank’s CEO. “We are very pleased to have a great group of angel investors on board to help us grow our business.”

About Fanrank
Fanrank is a Facebook application that rewards fans for spreading the word about the things they love.

The company’s website is located at http://www.fanrank.me.

The Fanrank Facebook application is located at http://www.facebook.com/fanrank.

Contact:
press(at)fanrank(dot)me

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