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Alignable, the social platform that connects small business owners gets $8 million in a round led by Mayfield

Social network for small business owners, Alignable has announced a funding round of $8 million, which was led by new investor Mayfield. The round also included existing investors like Saturn Partners, NextView Ventures, and Lead Edge Capital. The 45-year-old venture capital firm, Mayfield manages $2.6 billion and has invested in over 550 companies, resulting in over 113 IPOs and more than 150 mergers and acquisitions. Alignable, which launched in 2014 is a platform to help business owners discover, meet and stay in touch with other owners in their community. Up till now, it has over half a million connections between small business owners who can refer customers to each other, cross promote, organize town event, exchange advice and build sustainable local relationships for their businesses.

Tags:

VC Deals,Alignable,Lead Edge Capital,Mayfield,Nextview Ventures,Saturn Partners,small business

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