Funding & Acquisitions Roundup: Drync raises $900K to instantly transform you into a sommelier…or just help you buy more wine

By Editor August 14, 2013

By Brian Kovalesky, StartUp Beat Editor

Today’s early-stage startup funding and acquisitions news:

Drync, a startup with a refreshingly creative name and a very serious mission to help people research and remember wine using their mobile devices, has raised $900,000 in Angel funding. Investors include Mark Hastings, managing partner of Garvin Hill Capital Fund, Jack Remondi, and Andrew Moss, founder of BuyWithMe. The app allows users to scan labels or search and filter wine lists from restaurants and tastings, and then buy the wine directly from the app. It’s the Boston-based company’s first round of funding.

Vital Stats:


HQ: Boston

Founder: Brad Rosen

Year Founded: 2008

Investors: Mark Hastings, Jack Remondi, Andrew Moss

Innovation: Enables users to research, remember and purchase wine using their mobile devices.

Total Funding: $900,000

(Sources: Drync, MarketWatch, CrunchBase, LinkedIn)

More funding and acquisitions news…

Apple acquires second screen TV startup (scoop) (via VentureBeat)

Tapastic Hits A Million Monthly Uniques And Gets An Additional $650,000 In Funding From Adam D’Angelo And Others (via TechCrunch)

StyleSaint raises $4.3M to turn crowd-inspired designs into designer-quality clothing (via GigaOm)

Online tutoring startup InstaEDU comes out of beta with $4M led by Battery Ventures (via GigaOm)

Syntellia Raises $3 Million to Build Better Virtual Keyboards (via AllThingsD)

RichRelevance Acquires Precog To Add Large-Scale Analytics Engine To E-Commerce Personalization Platform (via TechCrunch)

ThirdLove Raises $5.6M To Help You Find The Right Bra Size By Using Your iPhone (via TechCrunch)

# # #