Venture Capital News: Divshot Grabs $1.1M Seed Round
2013-03-18
LOS ANGELES, CA, Drag-and-drop visual builder for responsive web applications, today announced $1.1 million in seed funding led by Rincon Venture Partners.
Divshot, the drag-and-drop visual builder for responsive web applications, today announced $1.1 million in seed funding. Led by Rincon Venture Partners, investors include 500 Startups, Daher Capital, Floodlight Ventures, Cooley LLP, Drummond Road Capital, and Eric Hammond.
"Divshot's team has accomplished an incredible amount in a short time. With a compelling vision for the future of web development, I'm very excited to be involved," said Jim Andelman of Rincon Venture Partners. "Super-smart team with kick-ass open source cred building tools for developers? We can't wait to see what they do next," added Dave McClure of 500 Startups.
Divshot has already amassed more than 40,000 users through organic growth and word of mouth. Divshot is billed as a tool for professional web development, fusing an intuitive visual interface with rigorous, professional code quality standards. Michal Hicks, an early user, said of the product "When we stumbled upon Divshot, the team breathed a collective sigh of relief. At last, we're able to produce quick, actionable views and code to kickstart projects for our clients. A great tool for building trust early on."
Initially based on Bootstrap, the popular open source front-end framework developed by Twitter, Divshot also announced support for the ZURB Foundation and Ratchet mobile CSS frameworks. "We aren't building a niche tool that caters to a single framework. Divshot has the potential to be as ubiquitous for web development as Adobe's Creative Suite is for visual design," said Michael Bleigh, cofounder and CEO of Divshot.
Divshot is a recent graduate of Launchpad LA, the top-ranked Santa Monica, California accelerator program founded by Mark Suster. Currently in open public beta, Divshot plans to launch as a paid service later this year.
About Divshot
Based in Los Angeles, California, Divshot is a browser-based front-end development platform for responsive web applications that combines a simple drag-and-drop interface with polished, professional code output. Founded at Startup Weekend Kansas City in April 2012, Divshot is also a graduate of the Launchpad LA accelerator. Divshot has raised $1.1 million in financing to date. For more information, visit http://www.divshot.com.
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