TopicaPlus Status
The company raised an undisclosed amount of Series B1 venture funding from August Capital, Band of Angels and Stanford Mngement Company on March 31, 2006. Draper Richards, Highland Capital Partners, KLM Capital Group, Moore Capital Management, Morgan Stanley Expansion Capital, Saints Capital, TLcom Capital, Venture Frogs and Kodak Venture Group also participated in the round. Previously, the company raised $2.38 million of Series B1 venture funding from undisclosed investors in September 2005, putting the company's pre-money valuation at $5.7 million.
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