CitySpeek takes first round of funding
CitySpeek.com is please to announce tonight that it has taken its first round of venture financing from Village on the Lake Partners (VotLP). In just four short months CitySpeek has taken the micro-blogging world by storm, quickly winning over users in countries across the globe. After consistently rolling out new features and updates, CitySpeek shocked the micro-blogging world with its launch of integrated language translation, a first in the industry. It was that feature that VotLP said was what made them decide to jump in.
“We couldn’t sit on the sidelines anymore” said VotLP managing partner, Richard Oswego. “We had to jump on this opportunity before Jeff and Jeremiah signed a term sheet from Kleiner Perkins or Sequoia” he went on to say before heading into a champagne celebration toast in the board room.
Terms of the deal have not been disclosed. CitySpeek plans on using the new funds to lease class A office space, furnish it with Aeron chairs, fill it with clerical employee’s and provide the entire staff with free, unlimited food and beverages.
CitySpeek thanks you for your support and wishes you a happy April Fools Day.