SocialRank bags $1 million in seed funding led by Vaizra Investments with other participants Advancit Capital, BOLDstart Ventures, Social Starts, Iowa City Capital Partners, and various angel investors.

Co-founder Alex Taub said in a blog post recently:"We see a huge opportunity to help brands better understand, connect and track their relationships with these followers and fans. Our vision for SocialRank is to be the go-to tool for brands who want to understand, manage, engage, reward, and track the people who follow them across social networks."

Since its inception in 2012, the company has gained clientel of 5,000: some including 2 billion dollar companies. With the newly infused funds, the company plans to

Crunchbase politely explains the SocialRank as a "Twitter application that allows brands and individuals find out more about the people that follow them on Twitter." In other words, as VentureBeat explains it as a means to "steal their competitor's best followers."

The product namely SocialRank Intelligence  developed in solely 2 months is targets a niche on Twitter alone. Arguebably, Fruji creator Roman Mittermayr shared with VentureBeat that this could be their weakness in market saturated with other so many other apps.

To take a peak at the services, which is now in private beta, companies may submit requests here.