Newton’s WorkLight Pulls Down $12M

On 04.30.08, In Boston Web 2.0, Funding, by David, Comments: 0

Newton and Israel based WorkLight, Inc. announced that it has closed a series B round of funding totaling $12 million led by Pitango Venture Capital, Israel’s largest VC. Proceeds from WorkLight’s series B round funding will be used to further expand its presence in North America, Europe and Asia.

WorkLight was founded in 2006 with an initial round of funding from Genesis Partners, Index Ventures and Shlomo Kramer totaling $5.1 million. It produces a technology that connects enterprise technology to popular existing networks like Facebook.

Courtesy of Mashable.

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David Laubner is an expert in the field of online marketing, product management, user-generated content and new media technology. His background includes numerous technology product launches and the founding of several internet startups. Follow David on Twitter.

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