Funding & Acquisitions Roundup: Entangled Media lands $3.54M for its iCloud competitor app

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 $3.54 million Seed funding round. Investors include Crosslink CapitalDraper AssociatesPROfounders CapitalLowercase CapitalTekton 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 CapitalDraper AssociatesPROfounders CapitalLowercase CapitalTekton 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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Editor

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