Facebook PMD Spredfast raises $32.5M in growth capital

Spredfast, a Facebook Preferred Marketing Developer in pages and apps, announced Friday a $32.5 million round of funding, led by Lead Edge Capital. Lead Edge Capital has funded software, e-commerce and internet companies such as Alibaba Group, Marketo, Bazaarvoice and Monetate.

Spredfast will use this latest round of funding to accelerate the company’s growth through talent acquisition, product development and global expansion. Spredfast manages social programs for top brands such as General Mills, AT&T and REI.

Mitchell Green, managing partner, Lead Edge Capital, commented on the news in a press release:

Spredfast has catapulted into a market leadership position and its extensive client roster is a testament to that.