Deal Announcements

Propeller Raises More Seed Venture Capital

Monday, July 01, 2013 5:56:00 AM PDT | VentureDeal

San Francisco, California  --  Software developer Propeller has received $1.25 million in pre-launch venture capital and Angel investor financing.

Propeller is developing a web platform that enables users to "quickly create and update apps with an intuitive drag-and-drop interface."

Investors in the round included venture capital firms Menlo Ventures, Foundation Capital, FF Angel, Andreessen Horowitz and others.

The company will use the financing to hire additional employees prior to launch.

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