Seattle startup Cozi lands $3 million more in funding |
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Seattle startup Cozi lands $3 million more in funding
Cozi has raised an additional $3 million in equity funding, according to a regulatory filing.
Cozi said the $3 million investment round is an extension of Series C funding that brings the total raised to $25 million. The funds will be used to build out the company’s Cozi Gold offering, launched last September.
Cozi said its year-over-year sign ups increased by more than 100 percent in 2011, with more than 1 million new family members joining the service.
In October, the Seattle-based startup, which provides an online calendar and organizational service, raised $2.5 million from existing investors. Backers include newspaper giant Gannett Co.
Cozi’s free service allows busy families to share calendars, shopping lists, photos and more. The service can be accessed from any desktop computer, BlackBerry iOS or Android-based device so families can stay organized on the go. It also includes email or text-message reminders about upcoming events like baseball games and parent-teacher conferences.
The company is headed by Robbie Cape, a Microsoft veteran. Cozi was founded in 2005 by a group of former Microsoft, Amazon and Expedia executives.
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