Just in time for the relaunch of its website, online scrapbook service Scrapblog has closed the initial phase of its first funding round. Boston-based Longworth Venture Partners is leading the round.
The amount of the funding was not revealed, but TechJournalSouth reported that Miami-based Scrapblog is seeking to raise $2.5 million. The money will go towards hiring additional employees at the eight-person company. So far, the company has been self-funded by its founding partners. Carlos Garcia, CEO and a co-founder, has drawn capital from another of the companies he started with his partner, Nobox, an eight-year-old interactive marketing and advertising agency.
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