MyPunchbowl serves up a $2.1 million second round
Punchbowl Software, the parent company of online event planning site MyPunchbowl has raised its second round of funding. The money comes as the site is growing quickly. The site claims its traffic has grown at least 20 percent each month over the past year and data from Compete seems to back this up.
MyPunchbowl offers a step-by-step way to easily create online invitations. It’s helpful in every aspect of an event from picking a date, to planning an after-party.
The Framingham, Mass.-based site raised a seed round in October of last year. In April of this year MyPunchbowl teamed up with the popular travel site Kayak to launch the MyPunchbowl Party Center to ease the planning for events in which travel is required. This new round will be used to pursue more partnerships such as that one as well as to expand the development team.
This $2.1 million round was led by Contour Venture Partners. Angel investors Intel Capital and eCoast Angels also participated.
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About the Author, MG Siegler
MG Siegler writes about technology trends and new media for VentureBeat, with a focus on mobile topics, social elements and key news stories. Before that, MG wrote about technology on his blog, ParisLemon. Originally from Ohio, MG attended the University of Michigan where he studied film. He's previously lived in Los Angeles where he worked in Hollywood and in San Diego where he did web development. He now lives in San Francisco.