Connotate, Inc., a New Brunswick, NJ-based provider of solutions that help organizations monitor and collect data and content from the Web, has raised $7m in Series B funding.
The round was led by Castile Ventures, with participants from new investor Prism VentureWorks and existing investor .406 Ventures.
The company intends to use the funding to establish a partner program and expand internationally.
Led by CEO Keith Cooper, Connotate provides companies of all sizes with an automated functionality that allows organizations to monitor and extract the information they need to deliver custom data solutions. Customers include global businesses such as McGraw-Hill, Associated Press and Thomson Reuters. The company is currently hiring (http://www.connotate.com/company/careers).
FinSMEs
12/04/2012