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April 11, 2011 03:44 pm GMT
WorkSnug, the location-based service for mobile workers, has raised 110k in funding from nine UK-based Angel investors. Yes, you read that correct, nine separate investors, which seems a little extreme for what from the outside looks like a seed round.However, in actual fact, WorkSnug has generated revenue almost from the get-go through partnerships with Plantronics, Cisco, Skype and, most recently, HP. Having launched its app globally over a year ago, the London-based startup is only now taking funding in order to step on the gas as it were by launching on more mobile platforms (beyond iPhone and BlackBerry) and broadening its offering. Interestingly, this could include helping mobile workers not just locate places to co-work and other resources but, eventually, people. Thus unlocking the serendipitous or dare I say temporal social networks that potentially exist in places frequented by mobile workers hunched over laptops. It's not hard to imagine how that could create all sorts of exciting opportunities.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5-ZcsHBiyog/
WorkSnug Secures Funding, Locates Nine Angels
WorkSnug, the location-based service for mobile workers, has raised 110k in funding from nine UK-based Angel investors. Yes, you read that correct, nine separate investors, which seems a little extreme for what from the outside looks like a seed round.However, in actual fact, WorkSnug has generated revenue almost from the get-go through partnerships with Plantronics, Cisco, Skype and, most recently, HP. Having launched its app globally over a year ago, the London-based startup is only now taking funding in order to step on the gas as it were by launching on more mobile platforms (beyond iPhone and BlackBerry) and broadening its offering. Interestingly, this could include helping mobile workers not just locate places to co-work and other resources but, eventually, people. Thus unlocking the serendipitous or dare I say temporal social networks that potentially exist in places frequented by mobile workers hunched over laptops. It's not hard to imagine how that could create all sorts of exciting opportunities.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5-ZcsHBiyog/
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