Saturday, 23 April 2011

Lightbank Leads $1.2 Million Round In Enterprise Mobile Startup DoubleDutch

Enterprise mobile startup DoubleDutch has raised $1.2 million in funding, led by Lightbank, with Charles River Ventures, Launch Capital, Accelerator Ventures, Venture51, Zig Capital, and angels participating in the round. DoubleDutch allows companies to essentially build their own Foursquare, enabling the development of mobile, location aware apps that connect employees, customers, and communities. It's kind of like the Ning of geolocation apps.

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