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SoftBank's Joe Medved on Board as Opinionaided Raises $5.5M - cbl
Posted August 15, 2011
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Joe Medved
By Jojo Puthuparampil
BOSTON -- Opinionaided, a web-based question and answer app that allows users to get feedback in real time, raised $5.54 million in a Series A round of equity financing.
Boston-based SoftBank Capital and Menlo Park, Calif.-based BlueRun Ventures led the round, joined by earlier seed investors Cambridge, Mass.-based General Catalyst, and New Yorkand-based Draper Fisher Jurvetson, Mark Wachen of DreamIt VenturesNYC, and Jonah Goodhart of New York-based Point Ventures Group.
Those named in the current SEC filing were founder and CEO Daniel Kurani, and directors Joe Medved, SoftBank Capital; Jay Jamison, Blue Run Ventures; and Karl Jacob, founder of San Francisco-based Coveroo.
Prior to launching Opinionaided in 2010, Kurani spent 10 years as President/CEO of Kurani Interactive, a digital development firm. He is the author of The Honey Pot, a strategy book that helps brands use digital innovation to generate revenue.
According to the filing, about $9,168 of the proceeds will go to Kurani for capital contributions.
SEC filing: http://tinyurl.com/3wk5bhl
Bio:
Joe Medved
Joe joined SoftBank Capital in 2005 and has been investing in digital media companies for over seven years, from seed through growth stage. He focuses on supporting primarily Seed and Series A stage companies with special interests including consumer and enterprise mobile, gaming, and social marketing.
Prior to joining SoftBank Capital, Joe was an Associate with Constellation Ventures, a media and communications venture capital fund under Bear Stearns Asset Management. Prior to Constellation Ventures, he was an Associate and Analyst for the Technology, Media and Telecommunications Group with JPMorgan Investment Banking.
Joe is Co-Founder of the Digital Media VC/Corp Dev Connection, a group that brings together active investors and corporate development professionals from large corporations focused on digital media. He is also Chairman Emeritus of the New England Venture Network (NEVN), one of the largest venture capital organizations on the East Coast.
Joe received a Bachelor of Science, with honors, from Boston College's Wallace E. Carroll School of Management, and completed The General Course at the London School of Economics.
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