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Summary:

ThePort, a startup which helps media companies and non-profits add social networking features to their sites, has raised an additional $500,…

ThePort

ThePort, a startup which helps media companies and non-profits add social networking features to their sites, has raised an additional $500,000 in funding. CEO Bob Cramer tells us that the cash, which comes from existing investors, is an add-on to the $4.1 million that the company raised in a second round led by American City Business Journals a year ago. He says that the company, which is not yet profitable, will bring in about $2 million in revenue this year and expects revenue to reach $5 million next year.

The new cash will be used to expand sales and marketing. Recent customer wins include several non-profits including the American Lung Association and a major, still-unnamed political party. TechCrunch first reported the funding.

  1. I’m pretty certain the “major party” is the rnc website:
    http://our.gop.com/GOP
    http://theport.com/socialNetwork.aspx#memberprofiles

    Which appears to be using the out of the box config….

    Interesting considering mccainspace used kickapps, while obama used bluestatedigital.

    This has got to be disheartening for the RNC usually pols push the gravy work to affiliated consultants.

    http://www.lenley.com

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