HomefundingCaterva Closes $1.2M Seed Funding

Caterva Closes $1.2M Seed Funding

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Caterva, Inc., a Champaign, Illinois-based social media data analysis company, has closed $1.2m seed funding.

The round was led by IllinoisVENTURES, with participation from RPM Ventures, Serra Capital and angel investor Bill Tai.

The company intends to use the capital to expand features and services and the beta version of its product, Mirror.me, whose mission is to organize the world’s social graph by people and interest.

Mirror.me is a real-time social media platform that looks at activity on online social networks (Facebook, Twitter, LinkedIn, blogs, Foursquare, etc.) and paints a picture of users’ activities and interests in the social space.

Led by CEO Rob Schultz, CTO Hieu Le, the company is based at University of Illinois Research Park. It also employs a team of engineers in Vietnam.

FinSMEs

08/07/2011

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