Wednesday, October 13, 2010

7 Degrees Raises $6.8 Million For Social Business Mapping Application PeopleMaps

Startup 7 Degrees, the developer of social business application PeopleMaps, has raised $6.8 million in Series B funding led by Rho Ventures, vSpring Capital and Parkview Ventures. This investment brings the company's total funding to $8 million. Founded in 2007, 7 Degrees has developed a powerful and mature graph database. PeopleMaps is the first application developed by the startup that leverages this technology. PeopleMaps, which launched in October of 2009, aims to give professionals direct visibility into how they are connected to any person or company.

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