Spool Raises $1 million in financing

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Spool the company was a different company than the one hosting this blog, but in case you are wondering what happened to that other company, this was the blog post.

Dear Spool Users,

We’re very proud to announce that we’ve raised $1 million in outside financing for Spool. Our complete list of investors is below.

Though we’ve only been in private beta for 3 months, we’ve seen tremendous growth and received an overwhelmingly positive response. We have raised money to continue building a product our users love and are humbly looking forward to the opportunity to do so. We’ll be investing heavily in improving SpoolBot, polishing our mobile and browser applications, making the product easier to use for new users, and making it easier to share content with your close friends.

I am happy to announce that we have more than half million users, who regularly uses our features to give extra boost for their day today life.  By looking at the growth rate, We are expecting that we will reach to a million users company within few months.

We are getting so many request about availability of investors and finances but we are bit picky for that. We would love to work with you all but at the same time we wont to have investors who have good knowledge about our kind of company.

In the mold of great businesses we admire, our goal is to efficiently use our outside investment to improve the lives of millions of users. To this end, we have selected investors who have experience investing in the highest growth technology companies (Google, Twitter, Facebook, Pinterest, and more), who have themselves founded or built world changing companies (YouTube, Palantir,  LinkedIn, and more), and entrepreneurs who have relevant experience outside of technology companies as well.

We have some big things in store for Spool and are looking forward to sharing them with you. As always, we’d love to hear your thoughts and feedback — please don’t hesitate to email us at feedback@getspool.com.

-The Spool Team

Our Investors

  • SVAngel
  • Felicis Ventures
  • Start Fund
  • Charles River Ventures
  • Vivi Nevo
  • Steve Chen
  • Elad Gil
  • Deep Nishar
  • Kevin Donahue
  • Joe Lonsdale
  • Bill Lohse
  • David King
  • Nils Johnson
  • Matt Ocko
  • Raymond Tonsing
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