Friday, April 13, 2012

Mobile Social Startup CrowdOptic Raises Another $500K, Plans Consumer Launch

photo 1CrowdOptic, a startup trying to create a new way for people to interact via line-of-sight "clusters", has raised another $500,000 in debt financing. CEO Jon Fisher says this brings the company's total funding to $2.5 million (including $500,000 that Fisher himself invested in January), and that the round serves as a bridge to CrowdOptic's profitability, which he plans to reach next quarter. Fisher isn't disclosing the source of the new funding.

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