Flush with new capital, Klout, the startup that measures influence on Twitter, Facebook, LinkedIn, YouTube, Foursquare, Google+ and other social apps, is making its first acquisition. Klout is purchasing mobile and local neighborhood app Blockboard. Financial terms of the deal were not disclosed.
Blockboard develops a neighborhood app through which neighbors can interact with one another. They can report potholes and graffiti directly to the city, alert each other about crime and vandalism through a Blockwatch, post general observations about the neighborhood, ask their neighbors questions, and post pictures of lost and found items. Basically, the app is focused on creating a community within real neighborhood.
Blockboard was co-founded by Dave Baggeroer, Stephen Hood and Josh Whiting , who worked as an engineer at Craigslist and Delicious (Delicious founder Joshua Schachter is an investor in the startup). The company raised a $1 million in seed funding in 2010 from Schachter, Mitch Kapor, the Founder Collective, Battery Ventures, Harrison Metal, Josh Stylman, Tom McInerney, and David Liu.
So how does this fit into Klout? The company says that the technology and team will be used to invest in local and mobile product efforts. Klout has yet to come out with native mobile apps and will be using Blockboard’s expertise in local and mobile to further develop mobile products. Details haven’t been revealed on how the mobile apps will work, but perhaps there will be a local element with the addition of Blockboard.
As Klout writes in its blog post: To keep driving toward our mission of unlocking every user’s influence, we need to make Klout useful and accessible wherever they are – whether they’re at home or on the go.
For background, Klout evaluates users’ behavior with complex ranking algorithms and semantic analysis of content to measure the influence of individuals on social networks. The company topped 10 billion API calls in December, which is up from 100 million API calls in January, 2011. The company has more than 4,000 API partners, up from around 100 in early 2010. And it has indexed north of 100 million public profiles. Klout also just raised around $30 million in funding from Kleiner Perkins and others, with partner Chi-Hua Chien joining the startup’s board.
Here’s a demo of Blockboard from last year’s Crunch-Up:
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