Team and Concepts Raises $1.25million Series A

editgrid.jpgTeam and Concepts Limited, the Hong Kong based company behind online spreadsheet service EditGrid, has announced a $1.25million Series A investment from the WI Harper Group.

WI Harper’s previous investments include Laszlo Systems and Maxthon.

The company recently signed a deal with ThinkFree that sees EditGrid now offered as the primary spreadsheet tool within ThinkFree Office. Other deals include partnerships with Central Desktop,, ShareMethods and StartForce, with EditGrid being offered within each service.

EditGrid features include the ability for users to collaborate on spreadsheets simultaneously and see changes happen in real-time. A remote data feature provides access within the spreadsheet to external data, allowing those sources to be updated in real time. Aesthetically EditGrid looks and feels like Microsoft Excel, delivering a familiar platform for those looking to make the switch to online office applications.