Sprout Raises $5 Million From Global Venture Capital, Polaris Venture Partners & Mitch Kapor

Posted May 16, 2008

“While Flash content is ubiquitous on the Web, the process of creating and distributing Flash content was time consuming and required specialized skills. And integrating Flash with third party Web services and components has been near impossible. With Sprout, anyone can quickly create rich, Flash-based content that incorporates advanced components and Web services, and distribute them on the Web,” stated Carnet Williams, co-founder/CEO of Sprout.

Sprout is a platform that makes it easy to create widgets. The company has recently raised $5 million in Series B to enhance features from Polaris Venture Partners and Mitch Kapor. Mike Hirshland, general partner at Polaris joined the Sprout board of directors as a result of the investment. Mitch Kapor is the founder of Lotus Development Corporation and designed Lotus 1-2-3.

Creating widgets on Sprout utilizes drag+drop methods.  Users can drag+drop video, audio, images, and other interactive services built in.  Built-in interactive features include Twitter, PollDaddy, and Ribbit.

Sprout is based in San Francisco, Calif. and Honululu, Hawaii.

Information Source:
[1] Sprout Press Release: Sprout Closes $5 Million Series B Led by Polaris Venture Partners