Weave raises Series A from Conway's new firm

Weave, which provides telecom services to small and medium-sized businesses, has raised $5 million in Series A funding. A Capital, the early-stage firm newly launched by Ronny Conway, who left Andreessen Horowitz last year to raise a fund, led Weave's financing. Homebrew, Fuel Capital, SV Angel, Y Combinator and Initialized Capital also joined the round. Pleasant Grove, Utah-based Weave was launched with seed-stage funding from Y Combinator earlier this year.

11 June 2014•3 mins read
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