Socialware Raises $7 Million Led By Morgan Stanley

Posted Aug 17, 2011

Socialware is a company that manages social media and sales. The company has raised $7 million in Series C funding led by Morgan Stanley Expansion Capital. Socialware previously raised $3 million from FLOODGATE, G-51 Capital, and Silverton Partners. Socialware has raised $12 million thus far.

Socialware provides social networking compliance tools to allow the financial services industry companies to interact with clients and partners. Socialware provides tools for lead generations built for Facebook, Twitter, and LinkedIn. Socialware currently has over 100 customers, including five of the top insurance companies in the U.S.