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Innovation & Job News

Overheard at Venturef0rth: Million/Million for SnipSnap; CloudMine releases version 1.0



It wasn't up there for long, but the upstart startup CloudMine celebrated the release of version 1.0 by attaching one of its massive company logo banners to the water tower atop the large white building at 8th and Callowhill where it calls home at Venturef0rth. Talk about eyeballs. The water tower got the attention of tens of thousands of Friday commuters. 
 
While none of the CloudMine founders was willing to take credit (or in this case, blame) for the guerilla marketing stunt, CloudMine's presence is hard to miss. With a newly redesigned website, the year old Backend-as-a-Service company has put its beta to bed, according to CEO Brendan McCorkle. But developers were not so fortunate, with Marc Weil reporting that the team worked well into the wee hours to make the launch happen. Developers are now running more than 1,500 apps on the CloudMine platform.
 
Meanwhile, just yards away at Venturef0rth, Ted Mann of SnipSnap announced that he's raised a million dollars in funding for his coupon snapping app, and a million coupons have been entered into the system. Adding to recent Ben Franklin Technology Partners of SE Pennsylvania funding, Mann says Philly's Mentortech Ventures and Michael Rubin contributed to the round.SnipSnap is hiring two in leadership positions, and according to Mann, is engaged in a national search to hire a VP of Marketing and a VP of business Development and Sales.
 
Keya Dannenbaum, founder of ElectNext, and late of Project Liberty Digital Incubator stopped by to check out the space, and reports that the candidate choice engine is now closing in on a round of funding. She also mentioned that co-founder Paul Jungwirth has moved on and is no longer with the startup.

Source: Brendan McCorkle, CloudMine, Ted Mann, SnipSnap, Keya Dannenbaum, ElectNext
Writer: Sue Spolan
 
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