It’s clear that fewer seed-funded companies are receiving follow-on rounds right now. For nascent startups, it’s certainly cause for hand-wringing. But already venture-backed companies that are gaining traction should also be concerned about what this trend means for them — specifically, more investor visits.
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BranchOut, a year-old San Francisco-based startup that connects Facebook users with job opportunities, has raised an $18 million Series B round led by Redpoint Ventures. Joining in the financing were previous investors Accel Partners, Norwest Ventures, and Floodgate. Altogether, BranchOut has raised slightly more than $24 million. BranchOut, which employs 20 people — a number it plans [...]
Entrepreneur Rick Marini has a lot to be thankful for, including smart, connected friends who’ve supported him in the launch of two of his businesses. The most recent of these is BranchOut, which leverages Facebook to help people find business connections and that has an enviable list of backers and advisors. Marini may soon need them more than [...]