Future Simple Raises $1.1 Million To Further Simplify The Life Of SMBs

Roi Carthy

Roi Carthy is the Managing Partner at Initial Capital. Previously, Roi has worked at companies such as Soluto, Zend Technologies and 888.com. Roi has been covering the Israeli startup scene for TechCrunch since 2007. Born in Israel, Roi has spent many years abroad living in both the US (Boston, Olivet, DC) and in Europe (Budapest, Zurich). Today, Roi works... → Learn More

Friday, February 25th, 2011

For the past two years I’ve been holding onto the belief that Israeli entrepreneurs should devote particular focus on the opportunities available to products and services that cater to Small & Medium Sized Businesses (SMBs). Slowly but surely, more and more companies have indeed started targeting this space, the most notable being Kampyle, SohoOS, and Clarizen.

Today, Chicago-based but Israeli-founded Future Simple is announcing a $1.1M round led OCA Ventures with participation by the I2A Fund, as well as angel investors.

Founded in 2009 by Uzi Shmilovici, Future Simple has already launched two SMB products: PipeJump, a small business CRM, and QuoteBase, a project/job quote generator that is claiming thousands of users. The investment will be used to bolster the management team, market the current products, as well as develop additional ones.

As an interesting side-note that proves yet again that startup entrepreneurship is (a wonderful) disease, Shmilovici was co-founder at Netcraft, an Israeli design firm that was acquired by a local portal last year. His co-founder at Netcraft, Joey Simhon, is today co-founder and CTO at Do@, a stealth startup which Robert Scoble noted on Quora: “[the] first company since Siri that makes me think that search still can be greatly improved on mobile will launch a compelling new mobile search product.”

Company: Base CRM
Website: getbase.com
Launch Date: 2009
Funding: $7.9M

Frustrated by their own experience with other CRMs, the team founded Base believing that businesses deserve better, smarter, more intuitive software. Tens of thousands of customers later, Base continues to lead the Post-PC revolution with a product that makes their customers 10x more productive.

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