Bloomfire , an Austin-based startup attempting to create a better way for businesses to capture, save, display and share information, announced today that it has raised $8 million in series A financing led by Austin Ventures and Redpoint Ventures. The new funding, which brings the company’s total investment to $18 million, comes on the heels of a solid year of growth for Bloomfire, in which the startup crossed 250 paying customers (including Bechtel and Etsy, for example) and 65,000 active users. Founded in early 2010, Bloomfire has come to classify itself as a “knowledge sharing platform,” which is a vague way of saying that the company provides businesses with a platform that allows them to store, share and consume critical knowledge and information in the cloud, on mobile devices and social networks — picking and choosing according to their specific needs. In other words, the startup’s web-based SaaS platform creates an internal network through which employees can create and post content, search and browse for relevant information, ask and answer critical questions, along with finding and following those with expertise around a given subject.
The full story can be read/found on Bloomfire Raises $8M From Austin, Redpoint To Bring Better Knowledge Sharing & Social Tools To The Enterprise