By Brian Kovalesky, StartUp Beat Editor
Today’s early-stage startup funding and acquisitions news:
Entangled Media, maker of the Younity app—a cloud-based service that allows users to access content across multiple devices without user-initiated uploads, has closed a $3.54 million Seed funding round. Investors include Crosslink Capital, Draper Associates, PROfounders Capital, Lowercase Capital, Tekton Ventures, Knight & Bishop, and Angels. The Younity app is essentially an iCloud competitor that automatically uploads content to the cloud, allowing users to access all of their content on any device, anywhere.
Vital Stats:
Website: www.getyounity.com
HQ: Los Angeles
Founders: Erik Caso, Mike Abraham
Year Founded: 2010
Investors: Crosslink Capital, Draper Associates, PROfounders Capital, Lowercase Capital, Tekton Ventures, Knight & Bishop, Kamran Pourzanjani, Brad Jones, Brian Lee
Innovation: Automated cloud storage that allows users to access their content from any device, anytime.
Total Funding: $3.54 million
(Sources: AngelList, TechCrunch, CrunchBase)
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