Kinvey Closes $2M for Mobile Apps Backend

Kinvey, a mobile software startup (originally from Texas) that recently graduated from the TechStars Boston accelerator program, said today it has completed a $2 million seed financing round that was led by Atlas Venture. Avalon Ventures also participated in the round, along with Boston-area angel investors including Chris Lynch, Mike Baker, Jennifer Lum, Ty Danco, and Joe Caruso, according to BostInnovation. The idea behind Kinvey is to provide an easy cloud-based backend for mobile app developers. At TechStars’ demo day in June, Kinvey founder and CEO Sravish Sridhar joked that he was putting the “BaaS” (backend as a service) in “Badass.” Sridhar has a flair for the dramatic: last month he and chief technology officer Morgan Bickle were among the unfortunate Boston subway riders stuck underground for two hours during a morning commute. (Welcome to Boston, gentlemen.)

Author: Gregory T. Huang

Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003. Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.