Timehop Closes $1.1M Seed Funding

Timehop, a New York-based start up developer of a product that brings together all users’ content into a single re-experience destination, has closed a $1.1M seed funding.

The round was led by Bryce Roberts of O’Reilly AlphaTech Ventures (OATV), with participation from several angel investors including Foursquare founders Dennis Crowley, Naveen Selvadurai, Alex Rainert (foursquare’s head of product), Rick Webb (founder of The Barbarian Group), Steve Martocci (GroupMe), Jared Hecht (GroupMe), and Kevin Slavin (previously at AreaCode and Zynga NY).

Grown out of foursquare’s first hackathon as a product called 4SquareAnd7YearsAgo, Timehop allows subscribers to receive a daily e-mail reminder of their past, which is created by retracing digital footsteps on the social media sites Facebook, Twitter, Instagram and Foursquare (it includes Facebook status updates, updated photos, Twitter and Instagram posts from 365 days past.

Co-founded by CEO Jonathan Wegener and CTO Benny Wong, the company was part of the startup accelerator TechStars’ first NYC class.
Techstars continues to be an investor and advisor to Timehop.

FinSMEs

25/01/2012

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