Social Business Application Company 7 Degrees Raises $6.8 Million

Posted Oct 14, 2010

7 Degrees is a start-up company that builds social business applications. One of their flagship products is called PeopleMaps. 7 Degrees has raised $6.8 million in Series B funding from Rho Ventures, vSpring Capital, and Parkview Ventures. The company has raised a total of $8 million thus far.

7 Degrees started in 2007 and launched PeopleMaps in October 2009. PeopleMaps allows professionals to find out how they are connected to people or companies.

7 Degrees searches connects all of your contacts from Microsoft Outlook, Facebook, LinkedIn, Gmail, and Yahoo! It also searches the Internet for public information. The engine uses “connection paths” to determine how you are connected to other contacts or companies. 7 Degrees is based in Utah and is led by CEO Timothy Sheehan.