NewME Accelerator Spring 2012 Start-up Kairos Raises $500,000 in Seed Funding
NewME Spring 2012 graduates are staying on their grind. Co-founders Amanda McClure and Brian Brackeen recently raised $500,000 in seed funding for their start-up Kairos utilizing knowledge and resources gained in the accelerator program.
“Some of the investors were people we met directly from NewME sponsored events,” Brackeen says. “Others were persuaded to invest by our decks and pitch execution that we honed during the accelerator.”
Funding was raised from Christopher Alden, CEO of Burgeon Consulting; Jeremiah Tolbert, AIA-Principal at Tolbert Design Architects, Neil Shah, CEO of the WFC Group in addition to five other investors including an angel investor in Silicon Valley.
“We believe our investors understood that Kairos is a unique mix of business experience that is traditionally found outside of Silicon Valley and great tech and innovative design that is found within The Valley,” Brackeen says. “Only a few start-ups can boast to have expertise in both worlds.”
Kairos overlays data on top of real life interactions in the enterprise market using recognition and augmented reality for retail, healthcare, manufacturing and government companies tapping into a $53.4 billion market opportunity.
Read the rest of this article on the NewME Blog
Category: Featured, Startups | Tags: Amanda McClure, Brian Brackeen, funding, Investors, kairos, NewME Accelerator, seed funding, Startup, startup captial
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