Morgenthaler Leads $5M for Fundly
Fundly, a cloud-based social fundraising platform for non-profits, has raised $5 million in financing led by Morgenthaler Ventures. Seed investors Kapor Capital, Correlation Ventures, Seraph Group, and Accelerator Ventures also participated in the round. As a result of the round, Morgenthaler’s Mark Goines will join the Fundly board. Fundly is based in Palo Alto, Calif.
28 September 2011•4 mins read
