Real-Time Analytics Provider Chartbeat Raises $3M from All-Star Investors

 By 
Jolie O'Dell
 on 
Real-Time Analytics Provider Chartbeat Raises $3M from All-Star Investors
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The cash infusion is led by Index Ventures and rounded out by the likes of Ron Conway, Jeff Clavier, Jason Calacanis, Chris Sacca's Lowercase Capital and Betaworks.

Betaworks is the NYC-based startup incubator and investment firm where Chartbeat, Bit.ly and a few others got their start; the firm currently holds shares in Twitter, Groupon, Tumblr and a slew of other startups in the social, real-time and structured data spaces.

Chartbeat's team said in a statement that they chose to accept funding from Index because they believe that firm is uniquely positioned to help the company with international expansion. "Chartbeat is already kicking ass on major sites from Denmark (Ekstrabladet) to India (Times of India) to South Africa (News24)... and we want to expand on that," it said.

The startup, which currently counts around 2,500 paying customers (a nice workload for the company's five employees, we're sure), focuses on delivering real-time analytics and traffic data for websites. Its customers include such vast web presences as Threadless, The Onion, The New York Times, Forbes.com and Gawker Media. Each customer pays between $10 and $150 per month for access to the Chartbeat dashboard. If you do the math, that puts Chartbeat somewhere in the $25,000 to $375,000 range for monthly revenue so far -- not bad for a service launched just more than a year ago.

Demo Video

The product itself is pretty impressive, delivering a wide variety of fascinating and actionable data in real-time or in a pause/playback mode. Interested parties should check out this demo, which is based on investor Fred Wilson's site, AVC.com:

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Celebratory Video

Also, the team whipped up this adorable celebratory video to commemorate their Series A:

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