Excel Venture Management will lead a $7 million Series A funding round in Catch.com. Catch.com developed Catch Notes, a personal content management system. Juan Enriquez, a managing director with Excel, became a Catch board member.
Startup Raises Financing to Expand Successful Mobile Apps That Capture
and Organize Your Thoughts in Notes Whenever Inspiration Strikes
SAN FRANCISCO, Calif. – February 15, 2011- Catch.com announced today
that it has raised $7 million in Series A funding led by Excel Venture
Management. Catch.com will use the new financing to further accelerate
the rapid growth of its secure notes apps built on its personal content
management system for smartphones.
Founded in 2008, San Francisco-based Catch.com has more than 13 million
downloads on Android phones alone across its range of mobile apps,
including Catch Notes, Compass and AK Notepad. Its popular flagship
product Catch Notes is the easiest and quickest way to capture, organize
and sync notes, images, sounds or ideas throughout the day.
“Excel is an excellent partner for us as they have a tremendous amount
of success in developing innovative startups with big ideas,” said Steve
Brown, CEO of Catch.com. “We’re looking forward to working with them at
a strategic level to expand our platform that captures and organizes
anything you want to keep and remember.”
Catch Notes is built on the Catch.com personal content management
system, which uses mobile geo-location to organize and find notes by
location and map addresses sent securely from a mobile device. With an
open API and open source examples that facilitate the development of a
wide range of personal data capture applications, the Catch.com platform
is being integrated by developers globally into leading apps, such as
Free Dictionary, BBC News, DailyHoroscope and Favorite Recipes.
“The technology really piqued our interest because it is a disruptive
platform driven by an outstanding management team,” said Juan Enriquez,
managing director of Excel and Catch.com board member.
Catch.com, formerly Snaptic.com, develops mobile and web applications
that make it simple to capture, organize and share information on the go
and keep it synchronized in the cloud. Catch.com is a leader in
note-taking and geo-tagging applications for Android and iOS devices.
Numerous leading smartphone applications integrate with Catch.com. For
more information, please visit www.catch.com.
About Excel Venture Management
Excel Venture Management builds companies that apply transformative life
science technologies to solve problems in healthcare and beyond. The
Excel investment portfolio is balanced across healthcare IT and
services, diagnostics, and medical devices, plus life science platforms
that address adjacent markets including energy, chemicals, defense and
agriculture. The majority of the team’s prior investments, which include
some of the world’s premier healthcare and life science companies, are
thriving and over half have achieved successful exits generating