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Cloud computing company Huddle receives $10.2m Cloud computing company Huddle receives $10.2m

18 May 2010. Source: AltAssets
Huddle, a cloud computing company that lets users connect and work securely with others in the cloud, has raised $10.2m in Series B funding led by Matrix Partners, with participation from existing investors Eden Ventures and Charles McGregor, Huddle’s chairman.

Huddle has raised in excess of $15m in equity funding since its launch in 2007 and will use the fresh equity to expand its US presence and build a team in San Francisco.

Huddle allows its users to share files, manage projects and workflows, control and distribute information, suggest and discuss ideas and hold online meetings.

The company’s corporate customers include Procter & Gamble, Disney and HTC and it holds a number of global partnerships including HP, InterCall and LinkedIn.

Lead investor Matrix Partners has been in operation since 1977.

Copyright © 2010 AltAssets

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