Job Board | Venture Capital | Social Networking Directory | Advertise | Widget | Submit News | SignUp | Log in

Subscribe RSS Feed

Recent Posts

Most Popular Posts

Categories

Archives

Feed:




Featured Startups

TATANGO  IdeaFry

Social Networking World Forum event in North America  Social Networking World Forum

Follow us on Twitter

Jobs

Post a Job! $10 for 30 days





 

Video Loading...

Punchbowl Software Raises Series A Financing

September 18th, 2008 by Social Guy

 

mypunchbowl

Punchbowl Software Inc. has completed a $2.1 million Series A financing, led by Contour Venture Partners with participation from current investors Intel Capital and eCoast Angels. The new funding will be used to pursue strategic opportunities and grow the Punchbowl Software development team.

The Series A funding arrives at a key moment for the fast-growing company behind MyPunchbowl, a critically acclaimed event-planning website. MyPunchbowl serves up all of the key ingredients to effortlessly plan unforgettable celebrations. The site includes unique features for picking a date for the event, sending save-the-dates, finding supplies, communicating with guests, sending online invitations, and sharing photos and videos after the event has passed.

“We’ve seen explosive growth since our first round of funding last year,” said Matt Douglas, CEO, Punchbowl Software. “This new funding will enable us to grow our team and pursue numerous market opportunities.”

MyPunchbowl’s step-by-step, workflow-based interface makes it popular for key life milestone events such as baby showers, bridal showers, milestone birthdays, and retirement events. The site’s traffic has grown more than 20 percent each month over the past year. With helpful tools, great advice, and unique features, MyPunchbowl helps hosts and guests get from the planning to the celebration without the stress.

“The MyPunchbowl website is a great example of how new technology can bring value to consumers,” said Lucy McQuilken, investment manager, Intel Capital. “Intel Capital is pleased to re-invest in Punchbowl Software.”

Since the launch of MyPunchbowl, the site has added unique features for event planning and party invitations. The “Pick a Date” feature helps drive group consensus and automates date selection for the host. The “Checklist” section offers an innovative way to organize party planning and a simple way to ask friends to bring something to the party. Users of the site can expect to see ground-breaking new features on MyPunchbowl within the coming months.

SocialTwist Tell-a-Friend

 

Posted in Social Media, Start Up, Venture Capital |

Hey You!

Get our posts in your INBOX

Delivered by FeedBurner | Feed

You might enjoy the following posts:-

 

 

Trackbacks

(Trackback URL)

close Reblog this comment
blog comments powered by Disqus

Copyright © 2007 by Social Networking Blog - SociableBlog.com
User-posted or contributed content, unless source quoted, is licensed under a Creative Commons Public Domain License | Privacy Policy
Add to Technorati Favorites
DIGG This Blog