$875K for Swipely

Swipely, a Providence, RI-based startup that was quietly launched earlier this year, has raised $875,000 of a planned $1 million equity financing, according to an SEC document filed last week. Angus Davis—a co-founder of the voice-based Internet search and services provider Tellme Networks, which was sold to Microsoft (NASDAQ:[[ticker:MSFT]]) and became a subsidiary of the Redmond, WA-based software giant in 2007—is listed as an executive and director of the startup. Davis told Mass High Tech in a story this morning that First Round Capital, of Philadelphia and San Francisco, led the financing in Swipely. He declined to describte to MHT, or when reached by phone this afternoon, what his startup is doing.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.