Kibits Raises $1 M of Seed Funding

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Seed: $1,000,000

Founded: 01/2011
Industry: IT

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Cambridge, Massachusetts – Kibits, a new startup which lets people create and connect with groups on-the-fly by leveraging unambiguous real-world relationships raises $ 1 million of seed funding from Google Ventures and Charles River Ventures. General Catalyst, Commonwealth Capital Ventures, SOSventures, Launch Capital, the CommonAngels Fund and some undisclosed angel investors.

The startup’s approach is different from the typical multiple messaging app but a it is built to provide better human interactions.

According to CEO Matt Cutler, “The goal is that Kibits be a system that everyday people use for the conversations that matter,”


Funding Total: $1,000,000

Round Date Amount Pre Amount Post Amount
Seed 03/2012 $1,000,000
Investors: Google Ventures, Charles River Ventures, General Catalyst Partners, Commonwealth Capital Ventures , SOSventures Investments, LaunchCapital, Common Angels

See all fundings here


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