By Brian Kovalesky, StartUp Beat Editor
Today’s early-stage startup funding and acquisitions news:
Outline.com, which has built a collaborative online public policy simulator, has closed an $850,000 Seed funding round. Investors include Knight Foundation Enterprise Fund, Esther Dyson, and the Dorm Room Fund; as well as Angel investors from New England that include Walter Winshall, Ty Danco, and Michael Dornbrook. The startup allows public policy makers to simulate the consequences of decisions before implementing them—CEO Nikita Bier described it as “SimCity but for real life” in today’s announcement. The team also announced that the state of Massachusetts is set to be its first customer. Outline, a TechStars Boston grad, was founded in 2011 and is based in Berkeley and Cambridge, Massachusetts.
HQ: Berkeley and Cambridge, Massachusetts
Founders: Nikita Bier, Jeremy Blalock, Erik Hazzard
Year Founded: 2011
Seed Investors: Knight Foundation Enterprise Fund, Esther Dyson, Dorm Room Fund, Walter Winshall, Ty Danco, Michael Dornbrook
Innovation: A collaborative online public policy simulator that allows policy makers to simulate the consequences of decisions before making them in real life.
Total Funding: $850,000
More funding and acquisitions news…
Mobile-First Banking App Numbrs Bags Further $3.8M For U.S. Launch (via TechCrunch)
Datapipe buys Tel Aviv-based Newvem to enhance public, private, and hybrid clouds (via VentureBeat)
LevelEleven Raises $2M For Sales Motivation App From Salesforce.com, A Former NBA Star And An NFL Offensive Tackle (via TechCrunch)
Marketing automation company Bislr raises $1.5M (via VatorNews)
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