NatureShare Raises $1.5M Round For Its New Outdoors-Focused Social Platform
You may not have heard about Vermont-based mobile apps company Green Mountain Digital yet, but the company has developed a number of very popular nature and outdoor lifestyle apps. The company, which was founded in 2009, just announced that it has closed a $1.5 million convertible note funding round and is changing its name to NatureShare. This funding round includes new and previous angel investors and includes a follow-on investment from the Vermont Center for Emerging Technologies’ Vermont Seed Capital Fund. The company also raised about $1.5 million in a previous seed round in 2010.
“Since our founding, we’ve been dedicated to providing people who love the outdoors with innovative applications that enhance their appreciation of nature and wildlife,” said Brendan Cahill, CEO of NatureShare in a canned statement today. “Now, as NatureShare, we’ll be connecting people
to the outdoors as never before, through a web and mobile community that will enable members to explore and share their experiences wherever they are.”
The company plans to use this new round of funding to launch its social platform later this fall and build out its technology team, as well as to continue to improve and expand its current app catalog.