Visual.ly Raises $2M in Seed Funding

Visual.ly, Silicon Valley-based platform that connects creators of infographic content with audiences and publishers, has raised $2m in seed funding.

The round was led by Crosslink Capital, SoftTech and 500 Startups, with participation from angels including Kapor Capital, Giza Ventures, MediaTrust, Omniture, Theorem Group, and Anthemis Group.

The company intends to use the funds to continue to hire new developers, designers and engineers (http://visual.ly/about/jobs) as it plans to launch its array of self-serve data visualization tools later this year.

Co-founded by  CEO Stew Langille, Tal Siach and Lee Sherman, Visual.ly has developed a  solution built on technology designed to deliver a search engine that indexes all existing Web-based data visualizations, a data warehouse that brings together datasets from governments, non-profit agencies, and for-profit companies, and a cloud based platform for simplifying and automating the creation of data visualizations.

Launched into public beta in July, the company has already established partnerships with advertising, publishing and data companies such as AskMen, The Atlantic, BuzzFeed, CNNMoney, The Economist, GOOD, NASDAQ, National Geographic, Skype, Wall Street Journal, etc.

http://youtu.be/sCmO8YKzv9U

FinSMEs

20/10/2011

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