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February 25, 2011 12:11 am GMT

Social Fundraising Site Fundly Raises $2 Million of its Own

Today, social fundraising platform Fundly announced that it had closed a $2 million seed funding round led by a group of Silicon Valley investors. Using AngelList, a marketplace that makes it easy for startups to connect with angels, Fundly assembled a laundry list of reputable investors, including Mitch Kapor and Stephen DeBerry of Kapor Capital, Trevor Kienzle of Correlation Ventures, George Zachary of Charles River Ventures, and Jeff Fluhr of AngelHub.Fundly, formerly known as BlueSwarm, adds to the $800,000 it raised back in July from a group of individual investors, including Harvard Business professor Clayton Christensen. You can read our coverage of the initiation of the first round (and watch TC's interview with CEO Dave Boyce) here.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/j9qzZHSYBiw/

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