Fotonauts, a France-based provider of a Wikipedia-inspired online photo encyclopedia called Fotopedia, has raised $1.1 million in an equity financing, according to an SEC filing. TechCrunch reports that Ignition Partners, of Bellevue, Paris-based Banexi Ventures Partners, and company co-founder and former Apple executive Jean-Marie Hullot invested in the round. Ignition partner Brad Silverberg is on the board of directors at Fotonauts. The startup lists a Cambridge, MA, address in its SEC filing, but Xconomy is told that the Massachusetts address is used for administrative purposes and the firm still resides in France.
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.
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