Stealthy Seattle Start-Up Raises $400,000 More in Capital

Pressplane, a Seattle-based company flying under the radar, has raised an additional $400,000 in capital to fund work on a new “mobile platform.” It isn’t saying much yet, but TechFlash reports that it’s called Zapd, which could make it a potential follow-up to Inkd, a marketplace it built for graphic design. Investors in the round consist of a who’s who of angel investing in Seattle, including Mike Slade, Nick Hanauer, Pete Higgins, Rich Barton, Erik Blachford, John Cunningham and others. Another investor, Mika Salmi–former CEO of Atom Films–is joining as chairman.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald