Deal Announcements

Alphonso Labs Adds $1 Million Venture Capital Debt

Thursday, October 07, 2010 5:32:00 AM PDT | VentureDeal Staff

Northern California  --  Internet application company Alphonso Labs has secured $1 million a new round of venture capital debt financing.

Alphonso Labs has created the news reading application Pulse for the Apple iPhone, iPad and Android devices.

RedPoint Ventures, Greycroft Partners, Mayfield Fund and Lightspeed Venture Partners provided the financing. The company did not disclose how the funding proceeds would be used.

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