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Daily Disruption - Dan Latendre’s IGLOO Software Raises $5 Million in Series B Funding

By February 1, 2012
OnlineChristine Gondos

IGLOO Software, a leading provider of social business software in the cloud, has announced that it has received $5 million in Series B financing.

IGLOO Software, a leading provider of social business software in the cloud, has announced that it has received $5 million in Series B financing.  RBC Venture Partners led the second round investment, with the Ontario Emerging Technologies Fund (OETF) also participating. "Social networking for business has reached a watershed moment, with most companies either actively using or evaluating social technologies," said David Unsworth, board member and partner with RBC Venture Partners. "As a pure cloud solution that supports both internal and external collaboration, IGLOO is uniquely positioned to not only enable companies to get up and running quickly, but also scale their efforts as their social strategy matures."

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