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February 20, 2012 02:43 pm GMT

Ammado Raises $9m To Solve Global Giving Problem

team-ammadoFollowing the trend towards global platforms for raising money, such as Kickstarter, Ammado, which connects charities with donors, has raised 7 million ($9m), and signed up several multinational partners. The investment round was led by Belgiun-based Saffelburg Investments, which put in 5.5m and John Ryan, founder of Rovi, who put in about 1.5m. Set up in 2005 by Anna Kupka and Peter Conlon, the latter has put in 8.7m to date. which means Ammado has raised a total of 15.7m so far.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-WjqgzmHUi8/

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