We are delighted to announce our Series B financing. The $8.5m round was led by Madrona Venture Group, a really smart group of investors. We met them through the Amazon AWS Start-up Challenge, and as it turns out they had been looking for a company like ours, so they had done a lot of research on the space. We were impressed by their industry knowledge and their experience, and are excited to be working with them.
We also are excited to have Amazon participate. They are the clear leader in their space, and their vision has proven out time and time again. We certainly hope they are right about this investment, too! Their AWS platform is what enables us to scale so cost-effectively.
Finally, a big thank-you to our Series A investors Sequel Venture Partners and First Round Capital, for their advice, counsel, introductions, and yes, their support in the Series B. We could not have build this complex and innovative technology without their support.
This is just the beginning for us. We are now well positioned to succeed, and our success is largely within our own control – just the way we like it. Great athletes always want the ball when the game is tight – we now have the ball, and we will win this game.