Enterprise Social Network Startup Batterii Closes $2.5M Seed, Led By CincyTech, As It Builds Out Feature-Set & Adds Android App
Cincinnati-based enterprise social network startup Batterii, which describes itself as a co-creation software platform, has closed a $2.5 million seed round let by public-private seed stage investor CincyTech – which contributed $500,000 to the round. Other investors include Batterii CEO Kevin C. Cummins, Los Angeles-based investor Ken Salkin, and undisclosed individuals.
As well as offering enterprise collaboration tools such as real-time chat, activity tracking, tagging search and so on — it describes one of its software tools as “like Pinterest with a purpose” – Batterii also offers in-person brainstorming sessions as a service to clients.
The startup has acquired “nearly a dozen” customers to date, which it says range from “Fortune 500 corporations to interactive agencies”. Customer testimonials on its website include quotations from Nike, Crush Republic and ConAgra Foods.
Commenting on the funding in a statement Cummins said Batterii will be adding new features this month — including “more sophisticated Inspiration and Research curation, the ability to create private, shared and collaborative Walls, as well as an Android addition to our mobile offerings”.
It already offers an iOS app.
Batterii’s release follows below.
Creative Collaboration Software Firm Also Launching New Features
CINCINNATI OH–(Marketwire – Feb 8, 2013) - Batterii, a Cincinnati-based enterprise SaaS innovation software platform, has closed a $2.5 million seed-stage funding round.
CincyTech led the round with $500,000. Other key investors include Batterii CEO Kevin C. Cummins, Los Angeles-based investor Ken Salkin, and undisclosed individuals.
Batterii is an enterprise social network used by companies to engage the creative potential of their employees, partners and customers to build new ideas, identify new products, drive process improvement and increase top-line revenue. It has acquired nearly a dozen customers so far, ranging from Fortune 500 corporations to interactive agencies, including the global marketing agency Octagon.
“Octagon has a thriving global business, and our success is dependent upon exceeding expectations for some of the most demanding brands in the world,” said Woody Thompson, executive vice president of Octagon. “The Batterii platform has allowed us to collaborate across the globe, bringing Octagon talent together to drive the creative solutions that keep clients happy.”
Cummins said that by enhancing and extending the creative process, the Batterii platform engages its clients’ employees and customers to build the best solutions together.
“Batterii momentum continues with new features this month including more sophisticated Inspiration and Research curation, the ability to create private, shared and collaborative Walls, as well as an Android addition to our mobile offerings,” Cummins said. “We will be speaking at the Front End of Innovation conference in May, where we’ll be sharing more details about the evolution of our platform, exciting new partnerships and our unique perspective on how our tool Creative Process is changing the way business works.”
About Batterii
Batterii is a Cincinnati-based enterprise SaaS platform that empowers businesses and teams to accelerate collaboration and build inspired solutions. Batterii leverages the creative process to engage employees, partners and customers in a facilitated process that yields better, faster new products, ideas and breakthrough innovations. With Inspiration, Insights and Ideas at its core, the Batterii platform allows businesses to access the full creative potential in a small team or a global workforce.
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