Datahug Secures Key Seed Funding
October 28, 2011
Datahug receives $1.5 million in a seed funding round
Datahug, the enterprise relationship network, has announced that it has received $1.5 million in a seed funding round led by Ireland-based Oyster Technology Investments. Silicon Valley angel investor Ron Conway also provided key funding. Datahug’s product uses email traffic to tell you “who knows who” and how well they know them.
“With this funding, Datahug will keep pushing to unlock and organize the hidden network of contacts that exists within every organization,” said Connor Murphy, CEO of Datahug. “We believe that using Datahug we can unlock 1,100 unique connections per employee. To date, we have unlocked over 4 million relationships, removing the need for cold calling.”
Datahug constructs private relationship networks for businesses. It analyses email and other communication data to unlock the real social network that exists in every organization. It tells you who knows who and how well they know them.