Friday, 25 November 2011

Fundly Raises $2M For Social Fundraising From All-star Investors

Palo Alto, CA (PRWEB) February 25, 2011

Fundly, the #1 SaaS Social Fundraising platform, announced today that it received $ 2 million from some of Silicon Valley's most esteemed investors. Fundly has already helped its customers raise over $ 200,000,000 while achieving a seven-figure revenue run rate. Fundly will use these funds to further develop its product to meet the needs of leading cause-based organizations.


Investors in the current round include some of Silicon Valley's most prominent angels, including investors in Twitter, Mint.com, Flickr, Yammer, Zappos, Tapulous, Zynga, JetBlue, Omniture, Skull Candy and StubHub (see partial list of investors below). Fundly used the acclaimed Angel List service to assemble many of these angel investors and to facilitate the funding round.


Fundly is at the dynamic intersection of high-growth technology startups, Social Entrepreneurship, and the exploding world of Social Media. Kapor Capital is proud to back this passionate team, their product, and Fundlys impressive customer base," said Mitch Kapor, Partner at Kapor Capital.


CURRENT ROUND INVESTORS (partial list)

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