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Social Solutions Raises First Venture Capital Financing

Monday, April 21, 2008 5:58:00 AM PDT | VentureDeal Staff

BALTIMORE, MD -- Software company Social Solutions said that it has raised its series A funding in the amount of $2.75 million.

The company has created an "Efforts To Outcomes" software program that assists companies in tracking and managing employee performance.

IDEA Fund Partners led the funding round, which was divided into two tranches.  The company said it would use the proceeds to expand its programming with social service agencies.

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