Tuesday, February 21, 2012

Ammado Raises $9M To Solve Global Giving Problem

team-ammadoFollowing the trend toward global platforms for raising money, such as Kickstarter, Ammado, which connects charities with donors, has raised ?7 million ($9M), and signed up several multinational partners. The investment round was led by Belgium-based Saffelburg Investments, which put in ?5.5M and John Ryan, founder of Rovi, who put in about ?1.5M. Set up in 2005 by Anna Kupka and Peter Conlon, the latter has put in ?8.7M to date, which means Ammado has raised a total of ?15.7M so far.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/-WjqgzmHUi8/

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