Postmaster, the only smart and simple way to ship, track and save on small parcel shipping, today announced it has raised a seed investment round of $600,000. The round was led by Capital Factory, Cloud Power and Zelkova Ventures, as well as a consortium of angels. Postmaster will use the seed investment round to expand its development team, build additional carrier integrations, and expand its core features and functionality.
The Pedernales Brewery, a company founded on what their chief executive officer and founder described as a “Populist” form of raising capital, will begin distributing their beer in Austin this week.
When reviewing 300 applications for Capital Factory every year, and only accept a few, sometimes a couple will get away from you. Such is the case with InfoChimps, and also Ordoro which just raised a $1.2M Series A round of financing. It’s bittersweet, but I really do enjoy it when startups come back at you later and effectively say “I told you so!”
Joshua Baer had an excellent post on Mashable today with tips on how to raise money on AngelList. An excerpt is below, but you can read the rest of the post here. AngelList is an online community that matches startups with investors to streamline the fundraising process. I’ve personally raised $1 million from AngelList for [...]
Kimbia, Inc. announced it raised more than $4 million in a Series 2 round of funding led by S3 Ventures to expand industry adoption of its Web-based fundraising and event management software. Kimbia’s innovative platform is designed to power the next generation of online fundraisers, event organizers and social advocates. Kimbia donation and registration forms [...]
TabbedOut, the secure and innovative way to pay your bar or restaurant tab with a smartphone, today announced that the company has secured $2.05 million in funding from New Enterprise Associates, Inc. (NEA) in a Series A round of venture funding. The funding, which follows a $750,000 angel round, brings the company’s financing to $2.8 [...]
uControl, which launched 5 years ago at DEMO, announced the addition of two new vice presidents and the final $3.9M of a $9M investment round, with none of that money coming from venture or institutional investors. The company exemplifies what startups and entrepreneurship are really all about. They started with a market and an idea, [...]
Normally you’re out pitching the VC’s. Well during SXSW we’ve got a little party for you where the VC’s will be pitching you. Our friend Larry Chiang, who wrote What They Don’t Teach You at Business School (and writes a BusinessWeek column with the same name) is throwing a Reverse VC Pitch party downtown on [...]