# Posterous

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/posterous

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.posterous.com
- Total disclosed funding: $11M
- Latest round: Series B (Aug 1, 2011)
- Investors on record: 11

## About

Posterous, Inc. is a technology company that provides innovative software solutions aimed at enhancing user experiences and streamlining operations across various sectors such as healthcare, finance, and retail.Founded in 2008 in San Francisco, US, Posterous, Inc. focuses on offering software solutions for data management and process automation. It was founded by Tony Czarnik, who has a background in technology startups. The company has raised USD 5.00 mn through a SERIES B funding round led by investors like Icon Ventures, Jafco Ventures, and Redpoint Ventures, resulting in a current company valuation of USD 23.19 mn. The most recent deal occurred on March 13, 2012, when Posterous was acquired by Twitter for an undisclosed sum.Posterous, Inc. specializes in creating software applications that enhance data management, analytics, and process automation. Their products are tailored for industries including healthcare, finance, and retail, addressing challenges related to efficiency and compliance. The company has established a presence in North America, Europe, and select markets in Asia, catering to both small and medium-sized enterprises and larger corporations.Posterous, Inc. operates on a subscription-based revenue model, generating stable cash flow through recurring fees from clients for access to its software platforms. This model fosters ongoing relationships with customers, benefiting them through continuous updates and support. Transactions are made directly with clients, and agreements are customized to fit their specific business needs.Following the acquisition by Twitter in March 2012, Posterous plans to leverage its integration to enhance and expand its product offerings. The company aims to increase its market presence in Europe and Asia by launching new software applications designed for improved data analytics and automation capabilities by 2013. The recent funding will be directed towards developing these products and facilitating the expansion into targeted regions, ensuring the company remains competitive in the evolving technology landscape.

## Funding rounds

- Series B, Aug 1, 2011, $5M — Redpoint Ventures, Icon Ventures, Jafco Ventures
- Series A, Mar 4, 2010, $5.2M — Redpoint Ventures, Trinity Ventures, Felicis Ventures, SV Angel, Lowercase Capital, Founder Collective, XG Ventures
- Angel, Dec 1, 2008, $0.7M — Kapor Capital, XG Ventures
- Seed, May 1, 2008, $0M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Kapor Capital (https://capitalatlas.ai/funds/kapor-capital) — Angel
- XG Ventures (https://capitalatlas.ai/funds/xg-ventures) — Angel, Series A
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A, Series B
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series A
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Lowercase Capital (https://capitalatlas.ai/funds/lowercase-capital) — Series A
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Series A
- Icon Ventures (https://capitalatlas.ai/funds/icon-ventures) — Series B
- Jafco Ventures — Series B