Cuseum Closes $1.2M Seed Funding

cuseumCuseum, a Boston, MA-based art tech Startup, closed a seed funding of $1.2m.

Backers included Foundry Group’s FG Angels, Atlas Venture’s Boston Syndicates, Seavest Capital Partners, Drummond Road Capital, and New Gen Partners as well as angel investors Paul English, Joshua Schachter, Deborah Ellinger, Wayne Chang, Colin Angle, Nicole Stata, David Chang, Jit Saxena and others.

The company will use the funds to expand their sales, design, and development teams.

Led by Brendan Ciecko, founder & CEO, Cuseum leverages mobile technology and social networking to enhance the art experience. Its proximity‐aware (using beacons) apps provide museums, galleries and cultural venues with tools to create new curated experiences, insights through advanced data analytics, and new revenue opportunities.

FinSMEs

18/02/2015

Press Release

Cuseum Raises $1.2 Million in Seed Funding
Art tech startup, Cuseum, to bring mobile app platform to the museum and cultural world.

BOSTON, MA (February 18, 2015) – Cuseum, a startup focused on mobile technology for the art and cultural sector, announced today that it closed a seed investment of $1.2 million. Investors in this round include Foundry Group’s FG Angels, Atlas Venture’s Boston Syndicates, Seavest Capital Partners, Drummond Road Capital, and New Gen Partners. Funds were also raised from angel investors Paul English, Joshua Schachter, Deborah Ellinger, Wayne Chang, Colin Angle, Nicole Stata, David Chang, Jit Saxena and others.

“We are thrilled to close our seed round of funding with a group of investors that are excited and eager to assist in the growth of Cuseum. The funding will allow us to leverage our expertise and grow rapidly towards powering the mobile passport to the art world,” said Brendan Ciecko, founder & CEO of Cuseum. “We’re hugely impressed by Brendan’s vision to bring art and culture to life through mobile and beacons, thereby unlocking a world of shareable content for consumers and rich visitor insights for museums,” said investor Brad Feld of Foundry Group.

Cuseum’s technology is currently used at several museums and galleries in Boston and New York City. The company will use the funds to expand their sales, design, and development teams.
“We aim to be the go‐to technology leader for the art world,” says Ciecko. Cuseum offers several new tools and technologies, including support for Bluetooth beacons. “We see the introduction of beacons as transformative and know it will significantly enhance the visitor experience. W e’re excited to bring this to cultural venues globally with the power and ease of our platform.”

To learn more and stay updated on news from Cuseum, please visit www.cuseum.com

About Cuseum
Cuseum (formerly Spotzer) is transforming the way people interact with art and culture using mobile technology and social networking. Cuseum’s platform powers mobile apps that are social, engaging and proximity‐aware (using beacons) to enhance the art experience. Cuseum’s platform provides museums, galleries and cultural venues with tools to create new curated experiences, insights through advanced data analytics, and new revenue opportunities. Cuseum is building the infrastructure, network and mobile passport that connects art and millions of art lovers to the digital world.

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