Thursday, February 16, 2012

Backplane Finds Funding

Palo Alto-based Backplane, a developer of online community software which powers Lady Gaga's #Little Monsters web site, said today that it has raised a Series A round of funding. The round was worth $4.5M. The round included Sequoia Capital, Greylock Discovery Fund, Battery Ventures, Formation 8, Advance/Newhouse Investment Partnership an affiliate of Conde Nast, along with Google Ventures, Founders Fund Angel, Menlo Ventures, SV Angel, i/o Ventures and other angels. According to the firm, it will use the funding to scale out its technical talent and develop other communities. Backplane was founded by Matt Michelsen, Troy Carter, Alex Moore and Joey Primiani.