Crowdcast, a provider of social business intelligence (SBI) solutions, has raised $6 million in Series A funding. The round was led by Menlo Ventures, with participation from Alsop-Louie Partners.
The company’s name is a combination of the words ‘crowd’ and ‘forecast’, and its self-declared goal is to help companies find out what their people really know about their businesses, in order to make better strategic leadership decisions.