comScore Reaches Profitability; Gets $12 M Funding


Online market research firm comScore Networks has achieved profitability and garnered $12 million fifth round financing for international expansion. Although comScore boasted of achieving profitability less than four years since its founding, the company didn’t detail how it defines the term, declining to release specific numbers (it is privately held). ComScore earned $14.3 million in revenue last year and is on track to collect more than $30 million this year, according to a WaPo story.

The new round investors included Accel Partners, Adams Street Partners, JP Morgan Partners, Flatiron Partners, Institutional Venture Partners, Topspin Partners and vSpring Capital — all of which have previously invested in the company. With this round of financing, comScore’s total capitalization to date is approximately $88 million.

ComScore also trumpeted signing a long-term service contract with an unnamed client, which will bring the company $18 million over five years.

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