731 posts and columns on funding
You can count on it — when a deal works out spectacularly everyone involved will take credit for it. This behavior is particularly annoying to the entrepreneurs who put the sweat, blood, and tears into the Company.
News ByteTriggit, which raised $7.4 million last fall after Facebook helped its business skyrocket, has raised another $6 million, this time via a debt deal with North Atlantic Capital. Triggit, which has now raised $20 million over the past few years, is concentrating on connecting clients with Facebook’s Exchange, and on working with international ad buyers in particular.
News ByteSkift, the travel news startup from paidContent founder Rafat Ali, has added $1.1 million to the $500,000 seed round it raised last year. Lerer Ventures led the round, along with new money from funds including Advancit Capital and individuals including Martin Nisenholtz and Shakil Khan. Ali said the money will help him double his staff, to 10, and to launch new services.
News ByteAny.DO, a to-do-list app maker that tries to be smart about getting people to actually complete what they set out to do, has raised $3.5 million in additional seed funding from Genesis Partners, Innovation Endeavors and others. Initially popular on Android, Any.DO is now the top U.S. iPhone to-do list, according to Onavo Insights.