AboutOne, LLC, an online family management system, closed a $1.6-million-dollar deal in Series A financing. The round was led by Golden Seeds, a network of investors dedicated to funding early-stage companies founded and led by women.
Golden Seeds' investment was made through members of its Angel Forum and through Golden Seeds Fund 2 LP. AboutOne plans to use the funds to develop marketing campaigns and expand its engineering staff in order to accelerate product upgrades scheduled for the next six months, including the beta release of its AcornPoints product at the CES MommyTECH Summit in January 2012.
In parallel to closing its second round of funding, AboutOne recently forged partnerships with Microsoft and Suze Orman Media, Inc. Following these three developments and based on customer feedback, AboutOne launched a new version of its title offering.