Locu Obtains $623,000 Seed Funding Round

  • Feed Type
  • Date
    9/7/2011
  • Company Name
    Locu
  • Mailing Address
    Undisclosed Cambridge, MA 02139
  • Company Description
    Founded by MIT graduates and computer science researchers, Locu is creating the world’s largest semantically-annotated repository of real-time small-business data. We are excited to have the support and backing from a group of acclaimed angel investors and early-stage funds.
  • Website
    http://www.locu.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $623,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    Proceeds purposes were not disclosed, however the company intends to launch its first service in the near future.
  • M&A Terms
  • Venture Investor
    Quotidian Ventures
  • Venture Investor
    Individual Investor