Venture Capital News: CANWE STUDIOS Secures $1.5M
2012-03-01
AUSTIN, TX, Mobile application development company, today announced that it has secured $1.5 million in funding through private investors.
CANWE STUDIOS LLC, a mobile application development company, today announced that it has secured $1.5 million in funding through private investors. The first application of the matching technology scheduled to come to market this summer is CanWeNetwork, which utilizes proprietary technology that will allow business professionals to meet and network with high-value peers seeking new business opportunities.
Founded in 2011 by Brooke Braswell and Dan Kloiber, CANWE STUDIOS is building a platform for social location-based apps that match individuals in the right context. The fundraising round was led by Kloiber, a successful angel investor and technology entrepreneur, who has founded and sold three software companies to Fortune 100 corporations, and currently sits on a number of technology start-up boards.
"The CanWeNetwork app meets a very critical demand in the marketplace today by having the ability to select and connect business professionals who would like to meet in real time and in person," said Kloiber. "The CanWeNetwork app is very different than other mobile social networking apps available today because it is designed to select high-value personal introductions that open up new opportunities for each individual that otherwise would have been missed."
"Our investors believe that the CanWeNetwork app will become a valuable resource for all types of professionals, across multiple verticals, to create real life intersection opportunities," said Brooke Braswell, CEO of CANWE STUDIOS. "With this app, no meeting will ever be a waste of time."
The CanWeNetwork app is currently accepting requests for its invite-only testing phase. It uses matching technology to ensure that business professionals are intelligently matched with other high-value business professionals seeking opportunities. It is expected to be available for the iPhone and Android phones this summer for download as a free app. The company will provide demonstrations of CanWeNetwork at the upcoming SXSW Interactive show.
ABOUT CANWE STUDIOS
Austin, TX-based CANWE STUDIOS is a mobile application development company building a platform for social geospacial apps that match individuals in context, including business, recruitment and nightlife. More information about the company can be found at http://canwestudios.com.
ABOUT CanWeNetwork
Developed by CANWE STUDIOS, the CanWeNetwork app is an innovative mobile app that is designed to select and connect business professionals with other business professionals ensuring there are no opportunities missed. It is a valuable mobile tool for individuals seeking high-value introductions.
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