Print
Email
Print Edition Stories
MHT's Galen Moore: Service allows customers to pay taxi via cell phone
MHT's Galen Moore: Military snipers aid accuracy with iPhone
NECN: Scvngr tours explore cities, campuses by cell phone
Scvngr Inc. has landed funding from Highland Capital Partners, according to its CEO, Seth Priebatsch. Highland invested about $825,000 in the mobile phone-based scavenger hunt company, according to a federal document filed in December.
The company, based in Boston’s South End, has grown from three employees in December to 32, including full-time interns, today, Priebatsch said. Scvngr is hiring seven full-time positions — two Python and Ruby on Rails engineers, and five salespeople. The company has about 300 paying customers, including the recently concluded Siggraph 2009 conference in New Orleans. Scvngr isn’t profitable yet, Priebatsch said, but has low overhead composed mainly of personnel, rent and travel expenses.
Mass High Tech first wrote about Scvngr last September 12, a Friday; The next morning, Priebatsch had an e-mail from Highland general partner Peter Bell saying, “Read the article. Sounds interesting. Let’s chat.” Priebatsch met with Bell the following Tuesday at Scvngr’s Harrison Avenue office — only the second or third day of the company’s occupancy there, Priebatsch said. The deal was finalized in December, 10 days before Priebatsch’s 20th birthday.
Bell never asked specifically about Priebatsch’s age. The venture capitalist was more interested in whether or not the Scvngr CEO knew what he was doing, said Priebatsch, already on his third startup.
“I have a fair amount of experience,” he said. “‘Fair’ might be stretching it. I have some experience. More than zero.”
The company is rolling out its iPhone and Android apps, as well as a consumer version of its enterprise software. Scvngr had previously received $35,000 from Dreamit Ventures, a startup incubator in Philadelphia.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
RSS Feeds
