
Boston Seed Capital LLC has tripled its size in adding Dave Balter, CEO of BzzAgent, and Pete Blacklow, president of WorldWinner, to the seed-stage investment firm’s partnership. Company founder Nicole Stata launched the firm in 2010.
The team will continue focusing predominantly on Internet-enabled, consumer, B2B and SaaS businesses. Blacklow and Balter, who will continue to work full-time in their respective jobs outside of Boston Seed Capital, plan to provide funding and mentorship to Internet-focused startups, a news release this morning revealed.
Stata said in a statement that the two new partners will help bring experience with online marketing, game dynamics and crowd sourcing. Stata herself has over a decade of experience as an entrepreneur, having founded Deploy Solutions, an enterprise software firm in the area of workforce management, in 1996. She sold the company in 2007 to Kronos Inc.
Boston Seed Capital has recently participated in an investment rounds of $1.9 million in Shareaholic, a startup with a plug-in for making web content sharing easier, and $10 million in FitnessKeeper Inc., developer of the RunKeeper run-tracking mobile application.
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