YouWeb Incubator Launches Latest Program 9Plus

9+nineplusPeter Relan’s YouWeb Incubator launched its latest program, 9Plus, which aims to nurture startups in Wearables, On-Demand Marketplaces, Mobile Commerce, and Internet of Things (IoT) areas.

Through the 9Plus program, Relan plans to complete the final portion of the $7.5M raise in Q1, 2015 directly through larger accredited investors or through 9Plus’ portfolio company Venovate, an online marketplace and brokerage platform for investing in private securities.
Smaller accredited investors can access the raise at www.venovate.com/9plus.

Current investors in the program includes Silicon Valley super-angels including executives and directors from Charles Schwab, Google, Microsoft, Oracle, Yahoo, HP, RingCentral, NetApp and Bechtel.

Before founding YouWeb, Peter Relan was founder and CEO of Business Signatures and CTO of Webvan in addition to a host of roles spanning a 30 year career. He founded YouWeb Incubator in 2007 with a super-angel investors, and sponsored several mobile social gaming companies from 2008-2012 including mobile social gaming network OpenFeint (acquired by GREE for $104 million), female mid-core gaming leader CrowdStar, crossplatform mobile development platform Spaceport (now at Facebook), Agawi, OpenKit, and Pluto Media. The 9Plus incubation program, branded under the YouWeb umbrella, was started in 2012 with a wider set of investors and to broaden investment focus from gaming to new and larger market opportunities, and has raised $4.6 million to date.

FinSMEs

19/01/2015

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