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Floop Finds $325K In Funding

2011-07-12
Floop Inc., a developer of a social opinion mobile application, has taken in $325,000.
WOODBRIDGE, CT, According to SEC filings, Floop Inc., a developer of a social opinion mobile application, has taken in $325,000 of a planned $500,000 financing of combined debt, securities and options. CT Innovations is an investor in the company.

Floop is short for feedback loop and was founded in 2010 by repeat entrepreneur Richard Schultz. Floop is a social opinion application for mobile platforms (social media meets market research). Floop lets you express opinions and compete with friends in a fun, engaging environment, even from the comfort of your couch. Users see results in real time and over time, for instance while watching live television or attending a concert or ballgame.

Floop's built-in analytics discovers patterns and trends in the opinion and feedback data, and generates predictive reporting on this thus disrupting "market intelligence" by mining collective intelligence. CI support will help to complete product development and usability design.
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