LeadSift Raises $500K To Make Twitter, Foursquare More Fertile Ground For Sales Leads

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Make way for another company that's helping enterprises make sense of social media. LeadSift, a Canada-based social media startup that helps businesses mine social data on sites like Twitter and Foursquare for sales lead generation, has raised a seed round of $500,000 from Omers Ventures, the fund that invests in other Canada-based social media startups like Hootsuite. The company says that it will use the funds to continue developing its product -- still in beta with a small group of customers -- marketing and staffing.

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