ThePort Network Lands $4.1 Million for Social Media Tools

Authored by Mark Hefflinger on December 4, 2008 - 9:54am.

Atlanta - ThePort Network, a provider of social media tools for businesses, announced on Thursday that it has raised a $4.1 million second round of funding, led by American City Business Journals.

Other investors in the round included publisher Lee Enterprises, Imlay Investments, angel investor Robert Jetmundsen and ThePort CEO and co-founder Bob Cramer.

Atlanta-based ThePort offers services that help customers like media companies and nonprofits create, operate and monetize socially-enabled online communities.

The company will use the funds to expand its sales, marketing and business development activities, as well as for further product development.

 

Related Links:
http://www.prweb.com/releases/2008/12/prweb1702764.htm

http://www.theport.com

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