Fresh Capital

Lady Gaga Startup Has Revenue, Raises $4.5 M. From Top Tier Investors

(David Jacobs on Mixel)

Backplane, the startup co-founded by Lady Gaga manager Troy Carter and therefore branding it as the “Lady Gaga startup” forever, has raised $4.5 million from the most elite investors in the Valley and will probably raise a series B soon. The round includes Sequoia Capital, Greylock Discovery Fund, Battery Ventures, Formation 8 and Advance/Newhouse Investment Partnership, reports the Wall Street Journal. Existing investors include Google Ventures, Founders Fund Angel, Menlo Ventures, SV Angel, i/o Ventures, and some angel investors. TomorrowVentures, Eric Schmidt’s fund, was also a seed stage investor. Read More