Prism Skylabs Secures Funding of $1.5 Million

Posted by Alan Gray | Tech |

Prism Skylabs has raised $ 1.5 million in seed funding from investors, including technology industry veteran Yuri Milner, founder and CEO of StumbleUpon as well as former CEO of Mint.com, Aaron Patzer.

The company also received assistance from Google Chairman Eric Schmidt’s Innovation Endeavors, Ron Conway’s and David Lee’s SV Angel, and CrunchFund.

“The accomplished team of investors we have put together speaks of the massive opportunity we see. Prism Skylabs is setting out to truly disrupt how consumers interact and engage with physical spaces online, as well as create entirely new revenue streams for all kinds of businesses.” – Steve Russell Prism Skylabs CEO

“Prism’s game-changing vision, coupled with the seasoned team capable of executing against it, makes Prism Skylabs something truly unique and a company on track to disrupt the industry,”- David Lee, SV Angel managing member

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Alan Gray

Alan Gray is the Editor-in-Chief of Baret News. He is fanatical about spelling and grammar, but sometimes has problems with American word usage, such as "momentarily." When told his plane will land momentarily, he expects a "touch and go" landing, not to land in a few moments!