New MDPR client Freepath Announces $1.5m Series A funding


Well, I told you we’ve been busy with some new clients. One of them I mentioned earlier was Stuart Skorman’s latest venture, another one that I can now tell you about is Freepath. I wrote about Freepath back in April, when I saw John Stone, their CEO, present at the California Tech 100 put on by Golden Capital (yes they are a client too). I know John from his days at PowerSchool, which Apple owned at the time (they have since sold it to Pearson).

Today, Freepath announced $1.5m in Series A funding led by Velocity Venture Capital of Folsom. Also participating in the round were investors from Strategis Early Ventures (based in El Dorado Hills – heck they’re in the same housing development as me), Sierra Angels, and the Sacramento Angels (yes, also a client of Morgan/Dorado).

Here’s a few links to the first stories about the funding, one from VentureBeat (thanks Matt!), and one from the Sacramento Bee. We’ll update with some more as they come in.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s