Geo-location company, SimpleGeo has just closed a $1.5 million seed round of funding

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
FUND RAISING 
Database Reference:  F231109-253

Business:  SimpleGeo
Web:  http://simplegeo.com
Location:  USA, Boulder, CO
Region:  North America
Business description:  An infrastructure that other applications can use to easily build location-based applications.
Category: Web Technology
Contact 1:  Matt Galligan
Contact 2:  Joe Stump.
 
Investors:  First Round Capital, also includes from Redpoint Ventures, Ron Conway, Kevin Rose, Chris Sacca, Joshua Schachter, David Cohen, Debbie Landa, Tim Ferriss, Shawn Fanning, Gary Vaynerchuk, David Lee, and Freestyle Capital.
  
Amount raised:  $1,500,000 
 
Details:  SimpleGeo has just closed a $1.5 million seed round of funding. They raised $195,000 in a debt funding round, according to a recent regulatory filing by the firm three weeks ago. The source of the funding was not disclosed, although the filing indicates that there were 7 investors involved.

Link:  TechCrunch

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