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July 30, 2013 06:15 pm GMT
For every event space, there is a poor soul (or two) who work tirelessly to create seating arrangements and diagrams for each and every event that comes through that space. This ranges from hotels to conference centers and everything in between. But Social Tables has been trying to change that, with software that lets any event space create 2D and 3D diagrams and models of any layout or seating arrangement on the fly. According to founder and CEO Dan Berger, companies not only use SocialTables to create diagrams but to sell the space to potential clients by creating quick and easy diagrams. The company has just announced that it has raised an equity round of $1.6 million, two thirds of which came from existing investors including 500 Startups, Fortify Ventures, and various key angels. New investors include Goldin Ventures, Middleland Ventures, K Streek Capital, and Philip Dufour (former White House Social Secretary) and angel investor Sameer Gulati of Zynga. It was a year ago today that Social Tables announced it’s $500K seed round, but it isn’t just the funding rounds that are growing. Revenue is up 65 percent month-over-month since September of 2012, with over 500 enterprise customers. Those include Renaissances, Crowne Plazas, Sheratons, and Hiltons, among a number of museums and corporate event planning teams. The company has also grown from four employees to currently having 18, and the team is still looking to hire on the heels of the new funding round. Plus, founder and CEO Dan Berger will be taking a salary for the first time since founding the company.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sPHRe4vyFaU/
Social Tables Seating Arrangement Software Lands $1.6M Equity Round Led By Militello Capital
For every event space, there is a poor soul (or two) who work tirelessly to create seating arrangements and diagrams for each and every event that comes through that space. This ranges from hotels to conference centers and everything in between. But Social Tables has been trying to change that, with software that lets any event space create 2D and 3D diagrams and models of any layout or seating arrangement on the fly. According to founder and CEO Dan Berger, companies not only use SocialTables to create diagrams but to sell the space to potential clients by creating quick and easy diagrams. The company has just announced that it has raised an equity round of $1.6 million, two thirds of which came from existing investors including 500 Startups, Fortify Ventures, and various key angels. New investors include Goldin Ventures, Middleland Ventures, K Streek Capital, and Philip Dufour (former White House Social Secretary) and angel investor Sameer Gulati of Zynga. It was a year ago today that Social Tables announced it’s $500K seed round, but it isn’t just the funding rounds that are growing. Revenue is up 65 percent month-over-month since September of 2012, with over 500 enterprise customers. Those include Renaissances, Crowne Plazas, Sheratons, and Hiltons, among a number of museums and corporate event planning teams. The company has also grown from four employees to currently having 18, and the team is still looking to hire on the heels of the new funding round. Plus, founder and CEO Dan Berger will be taking a salary for the first time since founding the company.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sPHRe4vyFaU/
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