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Corporate Social Networker HiveLive Ups Angel Round To $2.2 Million

Boulder, CO-based HiveLive, a developer of enterprise social networking tools, has raised $2.2 million in total angel funding, reports VentureBeat. The company started raising angel funding in 2006. It claims its system makes it easy to establish internal social networks using simple building blocks, which it calls hives. In addition to internal information management, the technology can be used for marketing purposes. In addition to a raft of startups in this space, it’s also competing with established enterprise software firms, which are beginning to move into this area.

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Feb 6, 2008 10:35 PM ET

Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, hivelive

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