Detroit, Mich.,–CircleBuilder Software LLC announced today that they have recently closed $500,000 in new investment funding. New investors included Automation Alley, Michigan’s largest technology business association, which invested $250,000 to assist CircleBuilder develop their innovative technologies and businesses.
“We are very pleased to have the support of Automation Alley as a key new investor,” said Howard Brown, CEO of CircleBuilder. “We have made significant progress on our platform over the last six months and plan to accelerate adoption and utilization over the next year.”
Brown added. “Even in these difficult economic and funding conditions, we continue to exceed our milestones, grow usage and take in first recurring revenues. Faith-
About CircleBuilder
CircleBuilder is a private, rules-based social networking and outreach management solution. Clergy, staff and members can directly and privately interact, communicate, and connect with a set of high-tech “touch points” – personalized emails, prayer requests, document sharing, calendars, blogs, photos and audio/videocasting. CircleBuilder’
Publicly launched in November of 2009, CircleBuilder is already being used by over 500 faith-based organizations around the world. Learn more about CircleBuilder at http://www.circlebuilder.com, take the tour at http://www2.circlebuilder.com/
