Posts Tagged ‘seed funding’

Gatfol Announces Successful Closing of Angel Seed Fund Round, EU Collaboration and Reaching a Hundred Thousand Users per Month


Luqa, Malta (PRWEB UK) 21 November 2013 — As part of its development initiative into Europe, Gatfol today announced the reaching of further milestones: On reaching set technological programming benchmarks, Gatfol received final funding installments in its initial seed fund round with current investors. Gatfol will utilise the funds to set full EU development- and marketing functionality with Malta as base and operational satellites in New Zealand for Asia-Pacific reach and through government funded programs in South Africa for African continent expansion. Read more

Virtual Assistants Receive a Work Promotion with Nuiku


Seattle, Washington (PRWEB) September 18, 2013 — Nuiku, the virtual assistant technology that lets professionals do their jobs via their mobile phones, today announced the official launch of the company and closing of a $1.6M seed funding round. By combining Natural Language Processing and Artificial Intelligence, Nuiku is creating apps that understand voice, connect to backend systems of record and constantly learn and analyze. Only Nuiku’s NLP engine understands the words professionals use and has the ability to translate those words into meaningful actions. Read more

What Every Semantic Startup Should Know

Earlier this week The Semantic Web Blog gave you an in-depth look at the winner of the Semantic Web Startup Competition at the recent Semantic Technology and Business conference (see story here). Perhaps at next year’s SemTechBiz event, you’d like to be one of the startups in contention for the win – and some money might help you get there.

If so, then it might be helpful to troll through some of the advice that was offered in another session at the conference, which was attended by an audience who self-reported that they either were part of startups and potentially looking for funding, as well as others hoping to start their own venture in a year or so.

Here are some snippets to reflect on:

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Imonomy Raises $400K for Visual Semantic Software

Natasha Lomas of Tech Crunch reports, “Imonomy, an Israeli startup which makes software that analyses webpages and automatically inserts relevant, copyright-free images to accompany the content, has closed a $400,000 seed round from a group of angel investors. Investors include Inon Axel, former CEO of Kasamba (acquired by LivePerson for $40m), Liron Rose, cofounder of AfterDownload (acquired by ironSource for $28m), and Itai Levitan and Tal Shaked, partners at AfterDownload. Imonomy said it will be using the new seed funding for product development and initial marketing and sales activities.” Read more

Bottlenose Gains New Seed Funding

According to a new article out of FinSMEs, “Bottlenose, a Los Angeles, CA- and Amsterdam, Netherlands-based discovery engine for the social web, has received funding from ff Venture Capital and Prosper Capital. The new investors have joined the company’s seed financing round, which now totals just under $1m. Previous investors include Gil Elbaz, Andy Dunn, Rick Wittenbraker and Andy Jenks, Mark Lewis, John Hartnett, Nicholas White, etc. The company intends to use the new funds to develop its solutions.” Read more

Locu Raises $623K in Seed Funding

Locu, formerly known as Goodplates, has closed a seed funding round in which they raised $623,000. CEO Rene Reinsberg noted that investors were diverse and came from both the west and east coast: “That includes Boston angel investor and HubSpot founder Dharmesh Shah (also an investor in Xconomy), as well as Factual CEO Gil Elbaz, Cloudera founder and chief scientist Jeff Hammerbacher, and Google engineering manager Bruno Bowden on the West Coast. Reinsberg says the startup, whose founding team is largely techies, used AngelList to find many of its seed investors.” Read more

Beepl Raises $400K in Seed Funding

According to a new article out of TechCruch, “Beepl, a startup that bills itself as an expertise platform and semantic technology company (with a straight face, no less!), has raised seed funding from Prague-based VC firm Credo Ventures. Beepl was co founded by chief executive Steve O’Hear, who just left TechCrunch to get a taste of tech startup life, and even he wouldn’t tell us how much they’ve raised other than to say it was a ‘six figure amount.’ He should have known better, because we’ve learned from sources that the capital raised amounts to approximately $400,000 (sorry, Steve!).” Read more