Small World Labs takes $1M for business community tools

Small World Labs is an Austin, Tex. consultancy and software firm that helps businesses to install and use applications like social networks and blogs.

The company has existed since 2005 and has its own social networking architecture, but is taking funding to expand its technology platform further.

Clearmeadow Partners and other, unnamed investors provided the $1 million funding, Small World’s first.

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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.