Wednesday, November 19, 2008

OpenCandy Downloads $3.5 Million From Bessemer Venture Partners and O'Reilly AlphaTech Ventures

OpenCandy, Inc., a startup that delivers distribution and revenue to software developers, announced today that the company has raised $3.5 million in Series A funding from Bessemer Venture Partners, O'Reilly AlphaTech Ventures (OATV) and angel investors including Reid Hoffman (Chairman of LinkedIn, Board of Mozilla), and Jordan Greenhall (Former CEO and Co-Founder of DivX). The funding will enable OpenCandy to expand the depth and reach of its unique platform for software developers. David Cowan of Bessemer Venture Partners joins OpenCandy co-founder and CEO Darrius Thompson as a member of the company's Board of Directors.

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