Category Archives: Seed Funding

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M.dot launches and also attracts $600k in additional seed funding

Archimedes Labs was the first investor in Dominik Balough and Pavel Serbajlo’s M.dot. We are pleased to see that the founders have been busy on 2 fronts. Firstly their app has been launched in the Apple app store. It has garnered a ton of positive reviews quickly.. A great example is this one:

Very cool

by Derek Sneed
I’ve only been messing around with it for 10mins, but so far I’m extremely impressed. I’m a web developer, so I was prepared to be jaded. But I found it to be smartly designed…. quite intuitive which surprised me really. The gathering of image or textual content from my existing website is very genius…. Specifically I want to say thank you for allowing us to pick and choose content, rather than just importing all of it. Great job. Look forward to fiddling some more.

Additionally, the team has closed $600k of additional seed financing from Mike Maple’s Floodgate, SV Angel and others.

Congratulations to the team.

mdot_logo_big

M.dot joins the Archimedes Labs family.

We are pleased to announce that after a series of dates we have decided to become betrothed to M.dot (pronounced em dot). Archimedes has invested in the company. The funding closed on Friday July 6th.

Terms of the investment are not being disclosed.

M.dot’s vision is that all businesses can be Mobile accessible and discoverable. The platform allows businesses to create, maintain and promote their mobile presence, all from a smart phone app. In many ways M.dot is similar to the web creation and hosting companies that have served individuals, small and medium businesses and other groups during the web’s growth era from the mid 1990s to today. M.dot’s difference is that it is completely mobile-first without any legacy complications and is entirely focused on providing a mobile presence and mobile specific features such as location awareness and “click-to-call” functionality to these same customer segments.

“I believe everybody with a WWW.dot will want an M.dot in the next several years”,

said M.dot CEO Dominik Balogh.

“Companies will want to take advantage of Mobile specific features and so will want to do much more than simply re-represent their existing web site to a mobile user. We are committed to an aggressive roadmap that will support customer needs in delivering those Mobile specific features.”

Dominik is joined by co-founder Pavel Serbajlo. Pavel is an engineer by background, and Dominik is a designer and user interface developer. They have developed the M.dot platform following a successful partnership with their prior company PoweryBase.

Keith Teare led Archimedes Labs partnership with the founders and our investment in the company. He is a veteran of the Internets web era, responsible for major UK network and services provider EasyNet and also an early investor in NetNames (Now part of
Peer One)
. Keith said:

“The Internet is moving rapidly from the WWW phase to the M.dot phase. Small and medium businesses, and individuals too, will need to have a strong mobile presence. M.dot’s platform is second to none in giving that. We are proud to be shareholders”

Said Keith.

“the M.dot IOS app is a real breakthrough in power and simplicity. It will be in the App Store later this year.”

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just.me closes $550k in seed funding

We are happy to announce that just.me, Archimedes Labs first incubated company, has graduated to independent status. Keith Teare will become CEO of just.me. The investor list is an all star cast – True Ventures, Google Ventures, SV Angel; Betaworks; Crunchfund; Don Dodge; Patrick Gannon; Michael Parekh; Steve McArthur and The Four Horsemen LLC.

 

As TechCrunch said

just.me…..is focused on the post-PC social network.

just.me will launch in 2012

Quixey closes seed round – led by Eric Schmidt’s Innovation Endeavors.

Quixey announced today that we have joined Eric Schmidt’s Innovation Endeavors in seed-funding the company.

Quixey enables searches for apps capable of delivering a specific use case. For example a search for an app that can “Annotate PDFs” returns results as below:

Quixey search result

We are honored to be part of the team and look forward to Quixey fulfilling its potential to be the key search technology driving app discovery across many platforms.

Sign up for the beta here
TechCrunch story here
GigaOm story here.

This is our first investment since the sale of TechCrunch. See the Team page for more.