archify Receives Seed Funding from Balderton Capital

archify, a Vienna, Austria-based startup that is developing a new service to tackle the information overload crisis, has received seed funding from Balderton Capital.

The amount of the deal was not disclosed.

The company intends to use the capital to complete its web product and develop a mobile version.

Founded in 2010 by Gerald Bäck, Max Kossatz and Walter Palmetshofer,
archify archives everything users see on the web or in their social stream (Facebook, Twitter, etc) – then lets them search it quickly. The tool is integrated into most browsers and runs automatically, so there’s no need to bookmark or manually save information.
It is in Closed Beta at present, and will be opening to the public later this year.

In conjunction with the funding, Rob Moffat (Principal at Balderton) and Mark Evans (Partner at Balderton) will be joining the company’s board.
The company also said it will move to Berlin.

FinSMEs

04/05/2012

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