1000Memories, a web service that helps digitally honor the memory of a loved one, has announced that it has closed a $2.5 million series A round of funding from Greylock Partners.
1000Memories gives friends and family an online destination to memorialize the recently departed. Its founders started the company after experiencing the impact of a death on Facebook and realizing that it wasn’t a sufficient or effective way to remember loved ones.
Last spring document sharing portal Scribd launched an impressive new HTML5 engine that can render the site’s millions of documents in the browser, without Flash. Now fellow Y Combinator alum Crocodoc is launching its own HTML5-based document viewer that’s very similar to Scribd’s, but with a few key improvements, including the ability to actually annotate these documents in the browser. In other words, you now have one less reason to fire up your bloated copy of Adobe Acrobat. You can check out a document that’s been rendered using this HTML5 technology right here.
Y Combinator-incubated startup SwipeGood, which allows you to donate to charity each time you buy, has raised $500,000 in new funding from Bebo co-founder Michael Birch, the recently launched Start Fund, Y Combinator, Ron Bouganim, MR Rangaswami (Sandhill Group), and Frederik Fleck (Richmond View Ventures).
Two years ago Yuri Milner, through his investment firm DST, disrupted the traditional Silicon Valley venture capital model when he began investing in the hottest startups – companies like Facebook, Zynga and Groupon – at very high valuations and extremely easy deal terms. He looks brilliant in hindsight, with all of his U.S. investments at significantly higher valuations since he invested.