greylock

Biz Stone’s Jelly Raises Series B Led By Greylock, And Josh Elman Joins The Board

Next Story

Apple Updates iWork Across Platforms, Brings Password-Protected Sharing To The Web And Mobile

Twitter co-founder Biz Stone has raised a Series B round of investment led by Greylock Partners, with Spark Capital participating. The raise comes just under a year after it raised a Series A round from Spark, Jack Dorsey and Greylock, via its Discovery Fund.

The app — essentially a human-powered discovery and search parsing engine driven by images — launched early this month.

“Jelly is a small team with modest capital requirements and we intend to keep things that way while growing a global service that changes how we find answers,” said Stone today. “This partnership with Greylock means more time to focus on improving Jelly along with some talented and helpful folks on our Board of Directors.”

There’s no word about what the numbers involved were here, but the investment comes on the heels of rumors that Greylock could be participating in a $20M raise for blogging platform Medium, from Stone’s Twitter co-founder Ev Williams. There were no numbers announced at the time of Jelly’s Series A, but we’ve heard a few million.

TechCrunch spoke to Greylock Partner Josh Elman, who will join Jelly’s board with this round as well. Elman was previously a product manager at Twitter where he worked with Stone. Elman shared an anecdote with us about his early experiences testing the app.

“As I played with the product during the early days, I had a few experiences that had me thankful I had Jelly. Someone on Jelly helped me realize I had a leak in my shower based on a spot on my siding 20 feet below. I was able to help others with planning trips and shopping for the perfect new monitor,” he detailed in a post today. “My favorite was when my daughter asked me repeatedly to find an Angry Birds level with “a ding dong and a box”.  Several hours later, after much searching and whining, the perfect answer came in on Jelly that helped me be her hero…”

Screen Shot 2014-01-23 at 1.54.26 PM

Other investors in Jelly include Bono (yes), Evan Williams and Jason GoldmanAl Gore,  director Greg Yaitanes and entrepreneur Roya Mahboob. Spark General Partner Bijan Sabet is already serving on Jelly’s board.

Post updated to adjust rumored Series A amount.