IngBoo Raises $800,000 In Funding

Posted Oct 27, 2009

IngBoo is a company that aims to organize content on the Internet that you visit frequently. This may include posts on Craigslist, weather, traffic, sports scores, RSS feeds, etc. In my opinion it looks like they want to compete with Netvibes.

IngBoo has raised $800,000 in seed funding from Elis Nemes (Amidzad Partners), Saeed Amidi (Amidzad Partners), Doug Tsui (Horizon Ventures), and Allen Miner (Sunbridge Partners). Nemes also participated in a previous round which included Peter Green and Mohan Ramanujam.

?Over the last several years, we have had the opportunity to evaluate hundreds of innovative startups from around the World,? stated Amidzad CEO Saeed Amid. ?We believe that IngBoo is a category-defining startup, perfectly positioned to facilitate and accelerate the growth in users who organize their Web activities by subscribing to content previews.? IngBoo launched in September 2007 and the company has about 12 employees.