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Disruptive global Security and Location startups bring in the money

Announcement posted by BlueChilli 23 Jul 2013

BlueChilli raises $650,000 in pre-revenue startups TokenOne and Geepers

Venture Technology firm BlueChilli announced today that two of it’s investments Token One and Geepers have secured over $650,000 in angel funding. The round of funding was secured from Australian and international investors sought from the combined networks of BlueChilli and the startups. 

The investors will join each respective companies in supporting the company with strategic partnerships and board mentorship, while the the startup's managing team remain in control of operations. The funds will be used to expand the young team, accelerate product development beyond MVP and prepare the companies for international expansion and follow on Series A investment.

“The angel funding was closed within just 6 weeks which represents strong investor confidence in the founders and our business development process.” Says BlueChilli CEO Sebastien Eckersley-Maslin.

BlueChilli is investing in 100 startups by 2016 and has currently made 30 investments in to early stage and high growth online businesses. The companies now belong to a group of 8 BlueChilli investments to have raised angel funds, who collectively have raised a total of $3.8m.

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About BlueChilli:
BlueChilli is a venture technology firm, combining software development, marketing, branding and business development skills with investments in online start-ups – empowering a strategy called venture technology. BlueChilli has made30 investments and is on track to invest in 100 start-ups by 2016.

BlueChilli is a registered trademark.

About Token One:

TokenOne is a unique and patent protected federated identity authentication platform that enables users to securely login to third party systems.

About Geepers:

Geepers is a mobile enabled web application that provides a unique universal shortcode for physical geographic locations. Users can create accounts and save an address location against the account. Premium users can create sub-locations and associate a current physical location with the keyword now.