US-based cloud computing public relations (PR) service Upbeat has raised $1.5m in a seed round featuring StartX, the accelerator affiliated with Stanford University, according to VentureBeat.
The round included strategic investment from Draper Associates, Maverick Capital, Kleiner Perkins Caufield Byers, FirstRock Capital, UpHonest Capital, Quest Venture Partners, SV Angel, 500 Startups and Y Combinator.
Upbeat is a cloud-based service that uses data science technology to automate and better target press releases towards journalists.
The latest funding will be used to…