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April 13, 2011 10:02 pm GMT
FLUD, a news reader app for the iPad and iPhone, announced today that it has raised $1 million in seed funding from a flock of notable angel investors. The round was led by Quicken Founder and Cleveland Cavaliers Owner Dan Gilbert and ePrize Founder Josh Linkner, through their new venture fund Detroit Venture Partners. Other investors included Ludlow Ventures and Behance Founder Scott Belsky.Since launching in August 2010, the FLUD team has been working part-time on its news reader app, so Founder Bobby Ghoshal said that the startup will use its new funding to go after top engineering talent -- and begin working on the project full time. At present, FLUD is only available on the iPhone and iPad, so the team will push towards becoming device and platform agnostic. With the new funding in tow, Ghoshal said that he expects FLUD for Android to launch within the next few weeks. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0JhkVsIg3zc/
News Reader FLUD Raises $1 Million From Cavs Owner, Others
FLUD, a news reader app for the iPad and iPhone, announced today that it has raised $1 million in seed funding from a flock of notable angel investors. The round was led by Quicken Founder and Cleveland Cavaliers Owner Dan Gilbert and ePrize Founder Josh Linkner, through their new venture fund Detroit Venture Partners. Other investors included Ludlow Ventures and Behance Founder Scott Belsky.Since launching in August 2010, the FLUD team has been working part-time on its news reader app, so Founder Bobby Ghoshal said that the startup will use its new funding to go after top engineering talent -- and begin working on the project full time. At present, FLUD is only available on the iPhone and iPad, so the team will push towards becoming device and platform agnostic. With the new funding in tow, Ghoshal said that he expects FLUD for Android to launch within the next few weeks. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0JhkVsIg3zc/
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