Kashless Raises $5 Million... In Cash
There’s been some news of late about Martin Tobias, the onetime venture capitalist who last December quit as CEO of Seattle-based biodiesel maker Imperium Renewables. Katie, Eric and others report that he’s launched Kashless, a stealth startup that melds software with cleantech. I’d hate to just cite their work without adding anything, so how about: Kashless recently raised $5 million in Series A funding led by RRE Ventures. Stuart Ellman, co-founder and managing partner of RRE Ventures, will join the board. Tobias declined to comment on the company or the funding when I rang earlier today, but there are some clues on his personal blog. Specifically, he recounts difficulties in buying and selling
29 October 2008•1 min read
