Kinvey Closes $2M Seed Round For Its “Backend As A Service” Product

Funding Rounds

Summary

Kinvey, a TechStars Boston 2011 startup, has just closed a $2M round for their “Backend As A Service” product, which aims to let mobile developers skip past all the boring database-building and get right into that fun stuff. or, in a less Infrography way: Kinvey’s been pretty successful in finding developers — more so than they intended, even. Today, they’ve got around 500 developers building on the product. Kinvey is totally free to developers during Beta, which should last until the product officially launches sometime in Fall of this year. Kinvey says the money will primarily go towards growing their team, along with building out features like additional third-party data services and app analytics.

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Amount $2.0M Total raised
Date August 4, 2011 Announcement date
Investors SK Ventures Lead investors
Company http://www.kinvey.com Funded company

Classifications

industries
HealthTech
applications
ERP & Process Management

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Linked Companies

Kinvey
$1M to $5M