Thursday, July 12, 2012

WWE (Yep, Wrestling) Invests In Video Messaging Startup Tout?s $13.4 Million Series B

tout-wweTout, the service that lets you post real-time status updates, and another spin-out from SRI, the research institute that birthed Apple's Siri, is announcing today that it has closed $13.4 million in Series B funding. The investor line-up in this one is interesting, as it includes WWE - yes, that's "World Wrestling Entertainment!" Others in the round included 819 Capital and individual investors Gordon Crawford, Stan Shuman and Jack Schneider from Allen & Co. The round follows Tout's $2 million Series A in December 2010, which saw investment from?Stanford Research Institute (SRI), Horizons Ventures, and Seavest Ventures.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/zvHxvIR_RRM/

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