HiveLive raises $5.6M more for corporate social networks
HiveLive, one of many companies in the business of making social networking software for the corporate environment, has raised another round of funding closely following its first.
Although quite a few other companies are focused on building social networks, HiveLive has a building-block approach that lets users mix in elements of blogging, wikis and other applications. We’ve written more about it in a story on February 4th.
In the same story, we reported that the company had gotten $2.2 million from angel investors. The $5.6 million second funding was led by Grotech Capital Group, and joined by the company’s existing investors.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.