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May 29, 2012 03:40 pm GMT
One more Y Combinator startup from the March 2012 class has bagged a seed round of funding. PlanGrid, which has created a groundbreaking app for the construction industry, has raised $1.1 million from a notable list of backers. They includeSuleman Ali, founder and CEO of TinyCo; Sam Altman, founder of Loopt; Paul Buchheit, the creator of Gmail; Matt Cutts, the head of Googles Webspam team, and Ray Levitt, Director of Stanford Universitys Construction Engineering department; 500 Startups; and Y Combinator itself.Plus, here's a twist: the funding marks the first investment in a startup (outside of acquisitions) by the cloud-services company Box, as part of its /bin Box Innovation Network initiative.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/upDGnDhv5bM/
YC AlumConstruction Disruptor PlanGrid Nails $1.1M Seed Funding From Box, 500 Startups, And More
One more Y Combinator startup from the March 2012 class has bagged a seed round of funding. PlanGrid, which has created a groundbreaking app for the construction industry, has raised $1.1 million from a notable list of backers. They includeSuleman Ali, founder and CEO of TinyCo; Sam Altman, founder of Loopt; Paul Buchheit, the creator of Gmail; Matt Cutts, the head of Googles Webspam team, and Ray Levitt, Director of Stanford Universitys Construction Engineering department; 500 Startups; and Y Combinator itself.Plus, here's a twist: the funding marks the first investment in a startup (outside of acquisitions) by the cloud-services company Box, as part of its /bin Box Innovation Network initiative.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/upDGnDhv5bM/
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