The team behind Aol-acquired Sphere, Tony Conrad and Tim Young, are starting their next company. The company is in stealth – there no website yet and it only has a working name, PumpkinHead. But they’ve raised $800,000 in an angel round to fund development.
The angel round includes Aol Ventures, True Ventures (Conrad is a partner there), Scott Kurnit, Founders Collective, Radar Partners (Doug Mackenzie & Kevin Compton) and David Mahoney.
There isn’t much more to say for now until at least some details leak about what the project is about. Sphere, now called Surphace, was bought by Aol in 2008 for around $25 million.
Since there’s no logo, we’re grabbing one from the popular horror movie of the same name. I hope the startup has a happier ending than the movie.
Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0
Read the original article at Tech Crunch:
Sphere Team Raises Money From Aol Ventures And Others For New Stealth Startup






