Austin Business Journal - July 8, 2013
Online scheduling tool Rallyhood Inc. has completed a $3.2 million Series A round of financing. The Austin-based company raised an additional $1.7 million to the $1.5 million it reported receiving in August 2012. The new capital will be used to grow its adoption with organizations such as schools, scouts, health care providers and nonprofits, executives disclosed Monday. Rallyhood, which launched in 2010, employs 12 workers. It previously received a $750,000 seed funding from angel investors, company officials said. In 2011, the company reported collecting $500,000 from eight investors. Read More.