Million dollar Internet startups
Like this article? Recommend it to friends and colleagues!
Layer, the Slovenian-American startup that we’ve already written about, has won Techcrunch Disrupt Startup Battlefield in San Francisco, at the same time confirming a seed investment of 1.5 million dollars from a number of funds, including Michael Arrington’s CrunchFund and Bloomberg Beta.
Platform Potential from an American and Slovenian
entered the finale of Startup Battlefield with 5 more finalists and by winning got $50.000 and the title also won by Mint and Yammer, both successful technology companies acquired by Intuit and Microsoft. As you’ve already read on Netocratic, Layer is a platform for communications: video, voice and messaging, to be easily added to any application – currently supported on iOS and Android. Layer will be available for web apps in early 2014.
The cash prize is for Layer a symbolic amount, since it has managed so secure a seed investment with a dozen funds, including Palmeri’s own MkII Ventures. The other funds, confirmed by Tomaž Štolfa for Netocratic are: SV Angel, Pacific Partners, Data Collective, Promus Ventures, Anthem Ventures, Bloomberg Beta, CrunchFund and a few others.
You can find out more about Layer in our detailed article and their . Congratulations to Tomaž, Ron and the rest of the team that has managed to do a lot in the 6 months of creating this project. The investment, Disrupt title and over 1000 developers interested in the platform prove that Layer has a lot of layers to peal from and a lot of potential in them…
You might also like
How Your Taxes Pay for Hipsters to Doss About Making iPhone Apps — Breitbart News
Venture capital is an immensely risky asset class.