Socialcast Secures $1.4 Million

Apr 10, 2009


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Socialcast, a provider of on demand social business communication software, announced it has secured $1 million in Series A venture capital funding from True Ventures. An additional $400,000 was also raised from angel investors. With this investment, Socialcast will be moving its headquarters to San Francisco this summer. As part of the funding, Om Malik, a venture partner at True Ventures, will join Socialcast’s Board of Directors. Om Malik is also the founder of GigaOm.

(www.socialcast.com)