Source: Crunchbase
Summary
Cascade has raised a $3.5 million seed round from investors including a16z Speedrun, Ada Ventures, and Snowball VC. The funding will be used to further develop Cascade’s platform. The company did not disclose its valuation. The investment is the latest in a series of seed rounds for startups in the technology sector.
Our Reading
The announcement sounds ambitious.
Cascade has raised $3.5 million in seed funding from a16z Speedrun, Ada Ventures, and Snowball VC. The company plans to use the funds to develop its platform. Yet another seed round for a startup with a platform that will surely change the world. Cascade’s valuation remains undisclosed, because that’s not what really matters here. It’s just another familiar iteration of “we’re building something new, trust us.”
Author: Evan Null
