Socialware Secures $3 Million for Corporate Social Networking

by Mark Hefflinger 0

Austin – Socialware, the provider of a corporate social
networking platform, announced on Wednesday that it has secured $3 million in
new funding, from previous backers including Floodgate, G-51 Capital and
Silverton Partners.

Austin-based Socialware counts nearly 100 corporate
customers for its products, including New York Life.

The platform enables firms
within regulated industries, like financial services, to interact on social
networks, helping to navigate record-keeping, suitability and supervision

Socialware will use the new funds for additional product
development and marketing.


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