Fund-Raising via LinkedIn

GoshidoLogo.jpgLimerick-based project-management-software company Goshido raised €162,500 in funding in just eight days, using only LinkedIn, according to The Irish Times.

Executive chairman Frank Hannigan told The Irish Times the company is selling 10 2% pieces in the company to investors at €25,000 apiece, and emails were sent to potential candidates via the professional-networking site, adding, “I’m blown away by it, and it gives the lie to people who say social networking is just about Facebook.”

Goshido’s Web-based application breaks a project into actions and updates people can use to create a scalable plan, allowing team members to put their work in perspective while giving project managers a dashboard on all activity, according to The Irish Times.

Related Stories
Mediabistro Course

Social Media 201

Social Media 201Starting October 13Social Media 201 picks up where Social Media 101 left off, to provide you with hands-on instruction for gaining likes, followers, retweets, favorites, pins, and engagement. Social media experts will teach you how to make social media marketing work for your bottom line and achieving your business goals. Register now!