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| Circlebuilder Software Receives $500,000 In New InvestmentCircleBuilder Software, a leader in private, faith-based social networks, announced today that they have recently closed $500,000 in new investment funding. Automation Alley, Michigan’s largest technology business association, invested $250,000.
“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/ # # # CircleBuilder builds private, moderated social networks for faith-based organizations. Our software creates touch points – interactive prayers, calendars, blogs, online donations and video allowing members and small groups to securely communicate. End
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