Datahug, an enterprise relationship management company, has raised 1.5 million in seed funding. Major investor was Oyster Technology Investments. Ron Conway, Silicon Valley’s angel investor, also chipped in.

It is a sales performance and business networking solution that helps you to manage, measure and share customer relationships in your organization. It helps you work collaboratively to shorten your sales cycle. It protects, retains and shares your business relationships, and helps you spend more time with your clients and customers.

In essence, it helps you to win new business and to retain existing customers. You can analyze your enterprise communications to see ‘who knows who’ and ‘how well they know them.’

The start-up won the Dublin Web Summit’s Spark of Genius award in 2010.

Datahug’s potential was at first recognized by the investor community when it was invited to participate in the ‘Endeavour’ incubator program. Till date, Datahug has unlocked over 4 million relationships, and they believe they can unlock as many as 1,100 unique connections per employee.

One of the great strengths of Datahug is that its on-demand service is fully automated. It saves time and is more efficient and powerful. People do not need to engage in data entry and find connections between people.

Clients of Datahug are companies who deal in legal, insurance, technology, banking and investment.

Price of the service starts from €5 per mailbox per month. The service is divided into three categories: Group, Business and Enterprise. There is a simple signup, no requirement of credit card. You can upgrade, downgrade or cancel it anytime.

Datahug is based in Dublin.