March 19, 2008 10:25 ET
Small World Labs Announces Initial Funding Round
Capital Will Accelerate Business and Technology Development for Profitable Company
AUSTIN, TX--(Marketwire - March 19, 2008) - Small World Labs, a leading provider of
enterprise social media solutions and online community building expertise,
today announced it has received more than $1 million toward a Series A
funding round which it will closeout in the next 60 days. The funding will
be used to further enhance Small World Labs' leadership in community
management as well as augment its technology platform.
"By combining proven technology with community management expertise, Small
World Labs provides a unique value to enterprises looking to implement an
effective social media solution," said Jordan Rohan of Clearmeadow
Partners, one of the participating investors in the Series A round.
Previous to founding Clearmeadow Partners, Rohan served as Managing
Director and Internet Analyst for RBC Capital Markets.
Privately held since its inception in 2005, Small World Labs has been
profitable over its two and a half year history. "I'm grateful for the
vote of confidence shown by investors who share our commitment to being a
true business partner to our customers," said Michael Wilson, CEO of Small
World Labs. "By combining a robust, enterprise-ready software architecture
with a team of social media experts we call community managers, we've
created a unique position in a rapidly growing marketplace."
Small World Labs customers include the Dallas Morning News, San Diego Union
Tribune, CMP, Guideposts, Fox Networks, Oracle, Save The Children, American
Cancer Society and more.
About Small World Labs
Founded in 2005, Small World Labs is a proven enterprise social media
solution provider, best known for its unique combination of technology and
community building expertise that helps customers better understand, engage
and serve their key constituents. Small World Labs takes a hands-on
approach to community building, providing a robust social-networking
architecture and best practices gained through years of experience, so that
customers are best positioned to create a successful and vibrant community.