Thursday, August 2, 2012

Standing On Its Own: Wix Spin-Off daPulse Scores 1.5m Series A For Its Internal Communications Tool

Screen Shot 2012-08-01 at 11.36.08It?s always interesting to see when a company builds a product on the side purely to scratch its own itch, and then decides that said product has the making of a startup in itself. That appears to be the case with daPulse which, broadly speaking, plays in the enterprise social network space, and spun out of web publishing platform Wix as a venture in its own right in February of this year. Today, daPulse is announcing its first funding round: a Series A to the tune of $1.5 million from GenesisPartners. The investment will be used to further develop the startup?s topic-based internal communication tool -- a sort of Yammer, Saleforce's Chatter, or Socialcast competitor -- and to enter new markets, specifically giving its marketing efforts a shot in the arm in the US and Europe.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Roll18CpZH4/

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