Friday, August 3, 2012

Lua Goes From A Manhattan Basement To $2.5M In Seed Funding From IA Ventures

ts_small_luaIt all started in a basement in Manhattan. The guys from Lua (which you may remember from the TechStars NYC Demo day a few months back) had the opportunity to meet with none other than Fred Wilson after a few friendly connections got them in touch. Wilson came to their basement "office," and sat down to give them about an hour's worth of feedback. It was then that Lua got the idea to apply for TechStars and take the leap. And it would seem that leap (with the help of Mr. Wilson) has paid off, as the company just announced a $2.5 million seed round led by Roger Ehrenberg?s IA Ventures. Angels Aaron Stone of Apollo Global Management, Strauss Zelnick of Take-Two Interactive Software, John Maloney (former Tumblr president). The Dark Knight Rises producer Charles Roven also participated in the round.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/h99P3fQCEDk/

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