CircleBuilder earns $2M in VC and "Top Innovator" award

Franklin-based CircleBuilder is continuing its streak of entrepreneurial hits, taking the Top Innovator Award at the annual New England Venture Summit.

The 3-year-old firm offers Yahoo Groups-like services to churches and faith-based organizations. Many of these organizations lack any type of comprehensive online presence. CircleBuilder's technology allows a church's members to interact, share ideas, and even raise money in the 21st Century.

The start-up, which employs three people full-time and another three part-time, just passed the 1,000-client mark. It also has raised nearly $2 million in angel capital, including $500,000 last year. All of these are base hits that keep the company, run by a Silicon Valley veteran, alive and growing.

"It's just a matter of focus," says Howard Brown, co-founder and CEO of CircleBuilder.

Brown, who developed a similar site for people of the Jewish faith called PlanitJewish, plans to keep raising seed money for his company the rest of this year as he continues to build his customer base. The idea is to be poised for growth when the economy returns to normalcy.

"If we can survive these next 6-8 months through the summer I think things will improve," Brown says.

Source: Howard Brown, co-founder and CEO of CircleBuilder
Writer: Jon Zemke

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CircleBuilder earns $2M in VC and "Top Innovator" award

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