HomefundingPulse Raises $9M in Series A Financing

Pulse Raises $9M in Series A Financing

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Pulse, a Palo Alto, California-based developer of a visual news reader available for iPad, iPhone and Android, has raised $9m in Series A financing.

Investors include New Enterprise Associates, Greycroft Partners, and Lerer Ventures.

The company intends to use the capital to grow its engineering team and expand to additional platforms.

In conjunction with the funding, NEA’s co-head of consumer investing, Patrick Chung, will join Pulse’s board of directors. In addition, Greycroft Managing Director Alan Patricof and Lerer Ventures Manager and Huffington Post co-founder Ken Lerer will serve as Advisors.

Co-founded by Akshay Kothari, the company’s app offers a variety of content discovery features, including a content section, categorical browsing, searchable RSS feeds, and integration with Google Reader.

Earlier in June, Pulse launched Pulse.me, which allows users to save stories for later reading in their personal archives, viewable on any Pulse-enabled device or the Web.

The company has already esteblished content partnerships with AOL, The Atlantic, CNET, Discover Magazine, Gawker, The Huffington Post, The New Yorker, Salon.com, TIME, Vanity Fair, The Wall Street Journal Digital Network, and Yahoo! News, among the others.

FinSMEs

17/06/2011

About Pulse

Pulse is an award-winning application that makes it easy to consume news on mobile phones and tablets. Pulse users can choose up to 60 news sources in an easy to read, customizable interface on the iPhone, iPad, and Android phones and tablets. Pulse has been named to the Apple’s App Store Hall of Fame, chosen as an Android Editor’s Choice app, selected as one of TIME’s top 50 iPhone apps of 2011, and honored with the Apple Design Award. The company is headquartered in . For more information, please visit Pulse.me or follow us on Twitter @Pulsepad.