RecordSetter Obtains $1,000,000 Series A Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=41607036-7d33-45cc-b7cb-20452ed6f500&Preview=1 -
Date
9/30/2011 -
Company Name
RecordSetter -
Mailing Address
167 Canal St at Elizabeth St New York, NY 10013 -
Company Description
The startup wants to to become the preeminent platform for people to both submit their own unique records and compete against other people’s unique records through the uploading of quirky videos like “Most Kisses In 10 Seconds,””Longest ‘Shhhhh’” and “Most Graphic Designers Dancing To ‘Thriller’”. -
Website
http://www.recordsetter.com -
Transaction Type
Venture Equity -
Transaction Amount
$1,000,000 -
Transaction Round
Series A -
Proceeds Purposes
Future plans for RecordSetter also include the adding of editorial content (like the addition of tips on how to set records), pursuing media deals and partnerships with brands like Toyota and Livestrong and focusing on its community moderation beta so niche groups like skaters and jugglers can be more involved in the records curating process. -
M&A Terms
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Venture Investor
VantagePoint Venture Partners -
Venture Investor
Lowercase Capital -
Venture Investor
Undisclosed
