Huddle Gets $24 Million to Grow On

In the current fashion of pretty sizeable rounds, Huddle, the cloud-based enterprise content management start-up, has picked up a check for $24 million in Series C funding. That makes $38.2 million altogether.
The new capital comes from Jafco Ventures, with participation from DAG Ventures and existing investors Matrix Partners and Eden Ventures. Subrah Iyar, the founder of WebEx, and venture investor Herb Madan also kicked in.
The idea is to press its advantage. Huddle’s looking to triple its business again like it reportedly has every year since it started. Sales to the enterprise were up 5x last year and now the British firm, with co-headquarters in London and San Francisco, has opened an office in New York City.

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