Tuesday, May 8, 2012

Google Ventures-Backed Location-Sharing Service EchoEcho Raises $750k From Bullpen, PROfounders

echoecho-logo-2EchoEcho is one of the more useful location-based applications on the market today. Instead of focusing on check-ins and deals, the application simply makes it easy for you to find out where your friends are and lets you set up a meeting with them. Last September, EchoEcho raised $750,000 from Google Ventures, UK-based venture firm PROfounders and Don Dodge. The company just told us that it has raised another $750,000. This round was led by Bullpen Capital with participation by PROfounders Capital. EchoEcho plans to use this new funding to grow its team and focus on user acquisition.

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