dbTwang Angel Round closed today
Our documentation and share certs for the dbTwang Angel round will be dated 19th December. It took longer than we had hoped; this round commenced over the summer when the business plan hit the streets and started to filter through to investors. Nicely coinciding of course with the financial poop hitting the fan.
We got through it - thanks to the efforts of a good team who had put a lot of work into the detail of the proposition and a strong influence from our new director Gerry McQuaid who was responsible for sourcing a couple of the investors who joined us. It's a great Christmas present for all of us involved.
In the short term we are starting 3 weeks of usability design with Contrast on the 12th January. That will be followed by 2 weeks of graphic design and then we move to the build with Lunar Logic in Krakow. They use the Agile approach to development so we will have 2 week iterations of the service allowing us to launch the early closed beta (most likely closed, we have not made a final decision) around the 3rd week of February.
While that is happening I will be working to achieve key milestones which will build the case for a Seed Round Q2/3 next year enabled by our proof of concept and strong engagement with external partners.
Thanks to Fintan Blake Kelly (my co-founder), Gerry as mentioned above, Dylan in Mason Hayes and Curran (expensive but very professional and responsive) and to all of the entrepreneurs who are part of the strongly supportive eco-system in Ireland for technology startups. Kilkenny CEB chipped in with a e25k capital grant - much appreciated.
Finally thank you and welcome on board to our investors - the Share Cert is in the post :-)
Looking forward to 2009.
keith
Great to hear, Keith. Congrats :)
Posted by: Ken McGuire | December 19, 2008 at 17:05
Well done. Happy Christmas.
Posted by: Ant Galvin | December 19, 2008 at 17:44
Excellent news.
Posted by: Robin Blandford | December 19, 2008 at 18:04
Congratulations Keith!
Posted by: Marcus Mac Innes | December 19, 2008 at 18:36
Congratulations Keith - A lot of work.
Posted by: Keith Shirley | December 19, 2008 at 18:55
Congrats Keith - need to do a post on web2ireland - and get a wee profile in crunchbase
i will go hassle my guitar neighbour over xmas... and perhaps his siblings.
talk soon
fergus
Posted by: Fergus Burns | December 19, 2008 at 19:01
Woohooo, congrats Keith! And Happy Christmas!
Posted by: James Corbett | December 20, 2008 at 11:47
I am posting to this service to the first time. Congratulations to Keith and Fintan on achieving this important milestone.
Posted by: Gerry McQuaid | December 20, 2008 at 12:29
Fantastic news
Well done guys
Posted by: pat phelan | December 20, 2008 at 17:55
Thanks Ken, Ant, Robin, Marcus, Keith (Shirley), Fergus (Crunchbase entry will be done over Christmas!) James, Gerry and Pat.
It means a lot to get so much feedback on this achievement.
keith
Posted by: keith bohanna | December 20, 2008 at 20:41
Best news of the day. Well done mate,
Vinny
Posted by: Vinny Glennon | December 20, 2008 at 21:24
Congrats Keith. It's great to see Irish innovation get funding! I bet after the funding work, the next phase seems easier :)
Posted by: Denis Hennessy | December 22, 2008 at 10:28
Thanks Joe and Denis for dropping by.
keith
Posted by: keith bohanna | December 22, 2008 at 20:42
Would love to hear more about this Keith. Looking forward to seeing you Tuesday, thanks for offering to help us out with the hotel Blog Event!!
Posted by: Ciara Feely | February 14, 2009 at 14:02
Looking forward to Tuesday Ciara and if you are coming to Bizcamp Dublin you can hear me talk about the funding on the Funding Panel
keith
Posted by: keith bohanna | February 14, 2009 at 14:46