37 posts and columns on 500 Startups
The mobile payments movement is getting another player — this time in Mexico. Clip, founded by two former PayPal employees, says it has received $1.5 million to bring its mobile credit card reader and software to merchants in Mexico. The company said it plans to eventually expand beyond Mexico to other countries with large Spanish-speaking populations, including the U.S. Investors include 500 Startups, Accion, Alta Ventures and PlaySpan founder Karl Mehta.
Pict today launches a set of free (for the moment) Web and mobile tools for brands to publish photos that include product information and sharing links to Pinterest and elsewhere. So, instead of a flat photo, this is a sort of embeddable rich media object (on Facebook, it looks like a video, where users click to play). Pict is backed by Lowercase Capital, Forerunner Ventures, Opus Capital, Angelpad, 500 Startups and others.
News ByteSoldsie, a Facebook-based e-commerce startup that allows users to make purchases from within Facebook comments, has raised $1 million in seed funds, the company announced Wednesday. Participating in the round were 500 Startups, e.ventures and FundersClub, along with former Facebook employees Yun-Fang Juan and Jonathan Ehrlich and others.
News ByteTrueLens announced Monday that it closed a $1.2 million round of funding led by Google Ventures. Other participants in the round include Charles River Ventures, Common Angels, 500 Startups and Boston Seed, as well as a handful of other angel investors. After compiling and analyzing data from multiple social networks, TrueLens offers more granular customer information to brands for marketing campaigns.