Saturday, March 31, 2012

Gifts From VIPs: Quarterly Grabs $1.25M From Collaborative Fund And True Ventures

Screen shot 2012-03-28 at 6.11.54 PMSimply put, we all love receiving cool packages in the mail, especially when they're sent by people we care about, or are inspired by. This, among many others, was the inspiration behind Quarterly, the fast-growing startup and subscription service, which allows anyone to sign up and receive receive curated, physical gifts from influential contributors like President of the Rhode Island School of Design, John Maeda, Behance Founder Scott Belsky, and Alexis Ohanian of Reddit, Breadpig, and Hipmunk fame -- by way of snail mail. Tapping into the piping hot collaborative consumption movement, with notable designers and tech entrepreneurs contributing original products to its quirky cause, it seems Quarterly has not gone unnoticed among investors. Today, we've uncovered a SEC Form D filing, which shows the startup recently closed a $1.25 million round of series A financing, led by Tony Conrad and True Ventures as well as Collaborative Fund.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/mBiDeL-AR0k/

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