Austin-based Bloomfire Raises an Additional $8 Million in Financing

imgres-10Bloomfire announced today that it has raised another $8 million in financing from founding investors at Austin Ventures and Redpoint Ventures.
The Austin-based company comes as the company’s has landed 200 paying customers and 65,000 users.
To date, Bloomfire has raised $18 million. The company plans to use the money for engineering, sales and marketing.
Founded in 2010, Bloomfire bills itself as a software company that has created a “knowledge sharing platform.” Today, it also announced improvements to its flagship product to connect its customers to multimedia content, real time Q&A and social networks.
“The way people discover, consume and share information has fundamentally shifted, as mobile and social platforms continue to reshape how we communicate and interact across every aspect of our lives, especially in the workplace,” Chris Pacitti, General Partner at Austin Ventures, said in a news release. “By unifying the information silos created by mobile, social and cloud technologies, Bloomfire is poised to make a huge impact on how enterprise workforces collaborate. We look forward to continuing to support them in that mission.”
“Bloomfire has taken a leadership position in addressing the critical unsolved problem of capturing and sharing valuable informal knowledge and delivering it exactly where and when it is needed,” Jeff Brody, Partner at Redpoint Ventures said in a news release. “Craig Malloy and his veteran team of entrepreneurs have worked together for years in previous businesses that Redpoint and I have funded. They have made impressive progress in Bloomfire’s first full year of operation and made our investment decision very easy.”

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