US-listed internet services provider Yahoo has acquired Astrid, a local developer of a to-do list for Google’s Android mobile phone platform.
In July 2011, Google Ventures, the corporate venturing unit of US-listed search engine, joined a consortium providing a reported $400,000 of seed round funding to Astrid.
Venture capital firm Nexus Venture Partners and angel investors also backed Astrid, which means divine beauty.
Earlier in the year, Stanford university graduates Tim Su, Astrid’s co-founder and chief technology officer, and Jon Paris, Astrid co-founder and chief executive, joined the start-up accelerator AngelPad, which was set up by a group of ex-Google executives and has previously seen incubees Crittercism and Shopobot receive Google Ventures backing.
In his blog, Paris fave thanks to its “mentors and investors:
- Thomas Korte and AngelPad for your sage advice and assembling a tremendous community of entrepreneurs.
- Google Ventures and the team at the Startup Lab for teaching us so much.
- Nexus Venture Partners, TMT Investments, and the amazing angel investors who provided the resource and support we needed to build our products and company.
“Jump Associates and LUXr for helping us understand our users and build products people love.”