The San Francisco based social groupware provider Grou.ps announced today that it has secured a Series A round of financing for $1.1 Million in a deal led by Golden Horn Ventures. Grou.ps has also announced that it is open sourcing a restricted version of its code.

Grou.ps aims to provide users with a comprehensive set of tools to collaborate online and currently has about 200.000 active users worldwide.


"This small but significant round will help us to...