Mocavo Gets $4 Million Venture Capital from the Foundry Group

I’ve had some great successes with Mocovo.com, and it looks like they’ve come into some venture capital. Good…

The following news release is from the May 16 2012 edition of Bizjournals.com:

Mocavo, an online genealogy research service, has landed a $4 million venture capital investment from the Foundry Group .
Both companies are based in Boulder.

Mocavo is a subscription service that helps users find ancestors in its online genealogy database, which it calls the world’s largest.

Mocavo’s technology also automatically trolls the web on behalf of users and tries to flesh out family trees from public troves of genealogical information and user-submitted sources as well as from public record data bases.

Read the full article.

Read Foundry Groups’ Seth Levine’s comments on the investment by their company.

About Leland Meitzler

Leland K. Meitzler founded Heritage Quest in 1985, and has worked as Managing Editor of both Heritage Quest Magazine and The Genealogical Helper. He currently operates Family Roots Publishing Company (www.FamilyRootsPublishing.com), writes daily at GenealogyBlog.com, writes the weekly Genealogy Newsline, conducts the annual Salt Lake Christmas Tour to the Family History Library, and speaks nationally, having given over 2000 lectures since 1983.

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