Nimbit, a Framingham, MA-based provider of online music marketing services, has raised $376,950 to cap off a $1.75 million round of Series A-1 funding, says CEO Bob Cramer. The new funding included backing from the CommonAngels group, in addition to LaunchCapital and Mike Dreese, co-founder and CEO of the Boston-area music and entertainment retailer Newbury Comics, says Cramer, who joined Nimbit as CEO last month.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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