Thursday, March 20, 2008

Small World Labs Gets $1M

Small World Labs, a publisher of social media software, announced Wednesday that it has received a tranche of venture financing in excess of $1 million. Small World said the sum will be included in its Series A funding, which it expects to close within the next 60 days. Small World did not divulge the source of the funds other than to note that Clearmeadow Partners is one of the participating Series A investors. Small World added that it will use the money to augment its technology platform. Founded in 2005, Small World Labs is headquartered in Austin, Texas. More information »