Archimedes Labs, a Palo Alto incubator, has made its largest startup investment to date, backing mobile web development startup M.dot. Neither side would disclose financial details. M.dot is still in private beta testing, and co-founders Dominik Balogh and Pavel Serbajlo tell us they plan to launch this fall.
M.dot is a free app that allows users to build a mobile website from scratch or a… → Read More
Just.me, a stealth startup incubated by Palo Alto, California-based Archimedes Labs has raised $2.7 million in Series A funding according to an SEC filing. The company earlier secured $600,000 in seed financing from SV Angel, Google Ventures, True Ventures, Betaworks, CrunchFund and a couple of other high-profile investors such as Don Dodge and Michael Parekh.
Archimedes Labs, a new incubator and investment vehicle focused on mobile, is launching today. The incubator is co-founded by Keith Teare, a serial entrepreneur and a co-founder of TechCrunch. Teare previously co-founded RealNames Corporation, and The EasyNet Group.
Teare explains that the thesis for the incubator is based on the premise that the future architecture of software and application… → Read More