When Daniel Loreto said he was starting Jetpack we said good and handed him money. Ok, perhaps this is an oversimplification of both his founding journey and our investment decision, but not by much. We’d worked with Daniel at Google and Twitter, seeing his skilled and thoughtful approach to building both software products and teams. We knew that he’d bring that same care to this new venture.
Jetpack has raised $10 million to date, led by Google Ventures and Coatue. Today it announced financing, and also made its platform available in beta. While there’s much work ahead, we’re thrilled to be supporting investors in Daniel and the team.