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Circa News
Based in
San Francisco, California, United States
Mobile, News, Apps
B2C
Mobile news app
Acquired
-
Dates
Launch
1 December 2011
Closure
1 June 2015
Duration (months)
3 years, 6 months
Failure
Reason
Lack of funding, no buyers
Submitted Failure Story
Failure categories
No Financing or Investor Interest
Lacked funding
Founders and team
Investment
Number of investors
39
Investors
Menlo Ventures, Lerer Hippeau, BoxGroup, Techstars Ventures, Eniac Ventures, Fenox Venture Capital, Advancit Capital, Ludlow Ventures, Scout Ventures, David Tisch, Quotidian Ventures, Vayner/RSE, Dave Morin, Scott Belsky, Gary Vaynerchuk, SK Ventures, Bradley C. Harrison, Matt Mullenweg, Indicator Ventures, Telegraph Hill Capital, John Maloney, Maneesh Arora, eonCapital, Rick Webb, Kevin Colleran, Citizen.VC, Alex Bard, Josh Spear, David Karp, Ted Rheingold, Soraya Darabi, Eamon Leonard, Ben Huh, Habib Haddad, Mohamed Nanabhay, Merlin Kauffman, Russel Simmons, Adam Strong, Ben Ilfeld
Accelerator program
-
Acquisition status
Acquired by Sinclair Broadcast Group for undisclosed amount
Acquisition date
9 December 2015
Employee count
11-50
Founders
Arsenio Santos, Ben Huh, Matt Galligan
Founders Twitter
Funding
Total funding
$4,737,750
Number of funding rounds
7
Funding round(s) amount(s)
Seed - $1,225,000 , Funding Round - $1,092,750, Convertible Note - $770,000, Convertible Note - $750,000, Seed - uknown amount, Convertible Note - $900,000, Venture - Series Unknown
Last funding
$4,737,750
Last funding date
1 March 2014
Last funding type
Seed
Funding Status
M&A
Online
Website
Public synopsis
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