Amplion Secures Series A Financing Led by Greycroft
We are thrilled to announce the successful closing of a Series A financing round for Amplion, a FoundersPad Fund I portfolio company. The round was led by Greycroft, with participation from Rise of the Rest Revolution Fund and Imagen Capital Partners. Amplion plans to use the funds to aggressively expand sales and marketing efforts and accelerate product development.
FoundersPad believed in Amplion’s vision at its inception when we originally partnered in our mentorship program in 2013. And FoundersPad was excited to continue supporting Amplion’s mission by funding them with the initial close of Fund I.
Efforts at Amplion have been led by FoundersPad founder Chris Capdevila, who stepped out of his day-to-day role at FoundersPad in 2018 to become CEO of Amplion. Mike Harrington also joins the company as CTO bringing 24 years of experience at Microsoft and Google and as co-founder of Valve Software and Picnik. Dr. Amanda Enstrom serves as Chief Product Officer. And of course FoundersPad’s own Luann Abrams has also lent her efforts to day to day operational support at Amplion!
Congratulations from the team at FoundersPad VC!