Basno Raises $1M in Series A Funding

Basno, a New York-based online platform for users to collect and create digital badges, raised $1m in Series A funding.

Backers included Empire Angels, Index Ventures, MESA+, Plough Penny Partners, RRE Ventures, among others.

The company intends to use the funds to grow the team to continue to develop the service.

Founded in 2011 by CEO Nicholas Thorne, Basno is a platform to create and collect digital badges. Creators gives badges a name and description, then uploads their own design or works with the team of the company to create them. Users can customize how to distribute the badge.

FinSMEs

03/07/2013

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