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Cloze Debuts Social-Network Organization Tool With $1.2M Seed Funding

Cloze Debuts Social-Network Organization Tool With $1.2M Seed Funding

Dow JonesBacked with $1.2 million in seed funding, Cloze Inc. on Monday will open its relationship management service to the public.

Services and software like LinkedIn.com and email can collect names and contact information, but Cloze aims to take information from those types of services and enable people to know the context and history of how they’ve communicated with their connections.

Kepha Partners led the equity financing, with participation from Greylock Partners and NextView Ventures. The company declined to disclose the valuation on the round, which closed in early April.

Continue reading on Dow Jones Venture Wire.