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Venture Capital News: CaptureToCloud Closes Series A Funding

2012-07-11
SAN JOSE, CA, The new "Social Workspace," announced it has secured $4.7 million in new venture capital funding led by Acero Capital.
CaptureToCloud, the new Social Workspace, today announced it has secured $4.7 million in new venture capital funding led by Acero Capital. With the funding, CaptureToCloud will bring its Social Workspace to market with the potential to fundamentally change the way people work. CaptureToCloud is the first social enterprise software app to bring together any type of digital content, social collaboration and tight integration with the Google Apps suite.

"CaptureToCloud's initial focus on the Google ecosystem is a potential game changer," said Rami Elkhatib, general partner, Acero Capital. "CaptureToCloud stands out as the obvious social workspace solution for the five-million organizations that have adopted Google Apps as their office productivity suite."

CaptureToCloud was founded in 2011 to streamline how people capture and collaborate with others on important digital content. CaptureToCloud brings together digital content from the web and desktop, private social conversations, real-time document collaboration and mobile capabilities for anytime, anywhere access in a powerful cloud app. Users can capture web content or drag and drop items from Google Drive or files from Dropbox into their Social Workspace and then share those items or collections via email, Facebook, Twitter or CaptureToCloud.

"This Series A funding comes on the one-year anniversary of the founding of CaptureToCloud," said Ramon Nunez, CEO, CaptureToCloud. "With tens of thousands of users already relying on the CaptureToCloud app, the financing assures them of the long-term commitment to providing the Social Workspace service."

CaptureToCloud is also announcing its advisory board members who come with a strong and complementary set of backgrounds including enterprise and cloud software, marketing, product management and business development from some of the most well-known and respected companies in the world.

Current advisory board members include Steve Apfelberg, chief marketing officer at Skire, Gary Lang, EVP product at MarkLogic, Don MacLennan, SVP product management at AVG, Jay Remley, director of Americas enterprise sales at Google, Ken Rudin, head of analytics at Facebook, Gene Shklar, director, angel investor and board member.

"CaptureToCloud's Social Workspace delivers unique and high impact capabilities to the social business tools companies are increasingly embracing," said Steve Apfelberg, chief marketing officer at Skire and advisory board member at CaptureToCloud. "The advisory board looks forward to helping propel the company to new heights as social collaboration becomes an integral part of the Social Business infrastructure."

About CaptureToCloud:

CaptureToCloud is the new Social Workspace. Grab ideas and inspiration from across the Web and your desktop, and share or discuss them with anyone in a private conversation. Move beyond endless email threads to make better decisions, faster. To join the social workspace movement, go to www.capturetocloud.com.
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