In April last year, Wittlebee raised $2.5m in its seed round from Google Ventures and venture capital firms Crosslink Capital and Rincon Venture Partners.
Last month, Sean Percival stepped down from being chief executive at Wittlebee, a US-based children’s clothing subscription service backed by search engine provider Google’s corporate venturing unit.
In April last year, Wittlebee raised $2.5m in its seed round from Google Ventures and venture capital firms Crosslink Capital and Rincon Venture Partners.
Percival said he gave up being CEO after failing to raise it’s a round and on his blog gave the advice to peers:
- “Ignore the cries for more…