Philadelphia Business Journal
Peter Key, June 25, 2012
In my recent story on SnipSnap App, I said the company had raised $550,000 in a round of seed funding that it could take up to $900,000.
Could and did.
Ted Mann, the company’s founder and CEO, said it closed the round last Friday at $900,000. The latest investors include:
- MentorTech Ventures, an early-stage firm that invests in companies with ties to Mann’s alma mater, the University of Pennsylvania;
- The John S. and James L. Knight Foundation, which supplied funding to Project Liberty, the digital incubator that was SnipSnap App’s first home;
- Sean McDade, the founder and CEO of PeopleMetrics, a Center City company that helps organizations improve their employees’ and customers’ engagement;
- Pete Albert, a longtime area banking and mortgage industry executive who founded Seneca Advisors, which is an investor in Center City-based TicketLeap;
- David Hehman, a tech entrepreneur, angel investor and the co-founder of Spartina Ventures, an angel fund for Internet startups that is based in the Bay Area;
- And Chad Byers, a marketing strategist with Integrate.com, whose technology allows users to plan, execute and track multi-channel marketing strategies.