NEW YORK--Bantam Live (www.BantamLive.com), an online workspace for business teams with unique "social CRM" and "real-time stream" functionality, has launched its commercial version with paid-subscription plans. Current beta-users and new customers of Bantam Live can now sign up with a credit card for a monthly subscription plan and immediately start tracking their contacts and deals, organize tasks and projects, and connect, share and monitor team business activity as it happens in real-time. Uniquely, these applications of microblogging communication, CRM, and project management are combined in Bantam Live. In the dashboard of a team's private workspace, work activity cascades in a real-time stream of searchable information for improved awareness and collaboration among the group.

A core application module of Bantam Live provides "social CRM" functionality for sales, marketing and business development teams. Social CRM in Bantam Live allows a user to search for keywords in Twitter for lead-generation and engage customers and prospects while importing new contacts and attendant profiles into Bantam Live. Co-worker notifications and CRM workflows are included like adding a task, tracking customer communication, and collaborating internally as a team. Advanced social CRM features and new social network integrations will be added to Bantam Live in 2010.

Bantam Networks, LLC, the developers of Bantam Live, has also announced it has received a second round of funding from a group of angel investors from the investment management industry, who include David Groom, managing partner of 40 East LLP; Bill Kelley, CEO of Gerard Asset Management; Eyk Van Otterloo, a co-founder and board member of Boston-based GMO; Kevin Murphy, Managing Partner of New York-based Tandem Global Partners; and Maurice C. Perkins, Managing Director of MKP Capital Management in New York City.