Tuesday, July 24, 2012

Chute Captures $2.7M

San Francisco-based Chute, the developer of software to help applications and websites capture, manage, and display media files, announced this morning that it has raised a new round of early stage funding. The round was worth $2.7M. The funding was led by Freestyle Capital, and also included Battery Ventures, USVP and strategic investors including Salesforce.com, Joe Fernandez, Binh Tran, and Joshua Reeves. The company said it will use the funding for hiring and sales and marketing. More information »