We've raised $12M from leading institutional investors including Crosslink Capital, Fung Capital USA, Intel Capital, and Silicon Valley Bank.
Intel Capital, Intel's global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, health, consumer Internet, digital media, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$10.4 billion in over 1,212 companies in 51 countries. In that timeframe, 196 portfolio companies have gone public on various exchanges around the world and 291 were acquired or participated in a merger. In 2011, Intel Capital invested US$526 million in 89 new and 69 follow-on investments with approximately 51 percent of funds invested outside the U.S. and Canada.
Y Combinator is a leading early stage investor, helping startups through what is for many the hardest step, getting from idea to company. They invest mostly in software and web services. Since 2005 they have funded over 380 startups, including Loopt, Reddit, Clustrix, Wufoo, Scribd, Xobni, Weebly, Songkick, Disqus, Dropbox, ZumoDrive, Justin.tv, Heroku, A Thinking Ape, Posterous, Airbnb, Heyzap, Cloudkick, DailyBooth, WePay, Bump, Stripe, AeroFS, and Hipmunk.
Fung Capital USA is the private investment arm of Victor Fung and William Fung who are the controlling shareholders of Li & Fung, a public company in Hong Kong that sources, distributes and retails consumer products globally with over $20B in revenues and 35,000 employees in over 40 countries. Fung Capital USA invests primarily in B2B technology companies that enable omni-channel retailing and supply chain efficiency.