Twitter users out there should be aware of a very cool website called Oneforty. It is, by very simple definition, THE app store for Twitter plugins, utilities and tools. Started by Laura Fitton, they are based out of the Massachusetts area.
Out of this new round of investments comes $1.6 million, according to an SEC filing. Of that, a previously undisclosed $375,000 is in the form of convertible debt already raised in a couple of angel rounds last year (which are converting to stock). So the company was able to raise $1.25 million in new money, and the filing indicates that the total offering amount will be $2.4 million, meaning that more might be on the way before the current Series A round is complete.
Congratulations Pistachio !![cb]oneforty[/cb]