Huddle Up $10.2M in Today’s ECXtra

May 18, 2010


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Huddle announced that it closed a $10.2 million Series B round of funding led by Matrix Partners, with existing investors Eden Ventures and Huddle chairman Charles McGregor also on the list of participants. Huddle is a cloud computing and collaboration company that counts Procter & Gamble, Disney, and HTC among its customers.

Since its founding in 2007, Huddle has grown to more than 40 staff in its U.K. and U.S. offices, expecting to quadruple in size in the next year. The company also recently became cashflow-positive.

(www.huddle.net)