7 Degrees, which develops a business-partner recommendation service
called PeopleMaps, announced today that it has raised $6.8 million in
its second round of funding from Rho Ventures, vSpring Capital and Parkview Ventures.
PeopleMaps gives users a visual representation of what kind of
connection they have with other potential business partners based on the
people they know. The idea is to provide enterprise users with a way to
get a warm introduction from someone they know to a potential recruit
or business partner.
It’s similar to LinkedIn, but PeopleMaps calculates the ten “best”
routes to a potential business partner. The routes are computed through a
series of algorithms that include whether the two individuals are
connected on Facebook and LinkedIn connections, as well as information
from ZoomInfo, Thomson Reuters and other databases to determine a
connection’s strength.
To read the full, original article click on this link: 7 Degrees raises $6.8M to find the path of least resistance for business connections | VentureBeat
Author: Matthew Lynley
