Xconomy Seattle

Report: Onehub Raises $600K

Gregory T. Huang4/2/09

Bellevue, WA-based Onehub, a maker of collaborative software for businesses, has raised about $600,000 as part of an ongoing $1 million fundraising round, according to Northwest Innovation, which cites a regulatory filing. No other terms were disclosed. A Onehub spokesperson said the company is not discussing its funding publicly yet.

Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.

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Comments (1)

  • Yeval

    4/2/09 6:08 pm

    $500,000 of this came from Ignition, so I’d assume the remaining $100k came from 1-4 angels. Given their previous investment from Ignition, the relatively paltry angel support for what is a great solution with real market traction makes me very concerned about the health of Seattle angel investing.

    

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