Flotype Raises $1.4M From Andreessen Horowitz, Ignition, Others

Flotype has raised $1.4 million in seed funding from Andreessen Horowitz, Ignition Partners, Yuri Milner, Salesforce.com and Y Combinator, according to news reports posted on the company’s Web site. Below is a story from GeekWire.


Flotype raises cash from Ignition, Salesforce and others to help coders build applications faster

Flotype, a cloud startup led by former Amazon.com and University of California Berkeley employees and researchers, has raised $1.4 million in seed funding from Andreessen Horowitz, Ignition Partners, Yuri Milner, Salesforce.com and Y Combinator. Based in Berkeley, the seven-person company is led by Darshan Shankar, Eric Zhang and Sridatta Thatipamala.

The company’s first product, known as Bridge, allows for real-time communication between servers and Internet-connected devices like laptops and mobile phones.

“Bridge provides an architecture frame work that allows users to connect any server to any device on any platform, even with large real-time loads,” said Shankar, adding that the API enables small developer teams to “build complex applications faster with less code.”

The investment marks yet another deal in the San Francisco Bay Area for Bellevue-based Ignition, which has been actively investing in cloud computing startups in California in the past 12 months.

Like many of the other cloud deals, Frank Artale is leading the investment for Ignition. None of the investors joined the board in the latest round, with Shankar saying that they plan to raise another round of financing this Spring.

Shankar previously was a software intern at CardMunch, which was acquired by LinkedIn. Zhang spent a short spell as a software intern at Amazon.com, working on an undisclosed project. And Thatipamala served as a researcher at Berkeley’s Hbird Systems Lab.

Hat tip to TechCrunch, which notes that Flotype was part of Y Combinator’s most recent class.

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