AboutOne Raises $1.6M in Seed Funding

AboutOne, a Malvern, Pa.-based online family management system that automatically stores and manages household information and memories, has raised $1.6m in funding.

The round was co-led by Golden Seeds, which made the investment through members of its Angel Forum as well as through Golden Seeds Fund 2 LP, and Mary McCaffrey.

The company intends to use the new capital to accelerate product development, and expand its customer base.

Launched in March 2011 by CEO Joanne Lang, AboutOne is an online subscription service that allows to manage family life, with any Web-enabled device. It provides users with a tool to store, manage, and retrieve family memories and household information (health, education records, contacts, etc.).

In conjunction with the funding, Mindy Posoff will be representing Golden Seeds on the company’s board.

FinSMEs

01/12/2011

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