This is the Startup Roundup. Every Wednesday morning, Technically Baltimore will put together the smaller pieces that make up our startup ecosystem.
SocialToaster, the social media company based in Woodberry that recruits fans of businesses, publications and services as “ambassadors” for sharing content online, named Walt Rampata its chief marketing officer at the end of August, according to CityBizList. Rampata, a Villanova University graduate, joins SocialToaster after the company’s busy summer. In June, SocialToaster closed a round of Series A funding, raising $2,001,836 of $1,975,000 originally sought. In early August, SocialToaster CEO Brian Razzaque was chosen to be the speaker at the inaugural Startup Grind event September 18. [Full disclosure: Startup Grind is a Baltimore Innovation Week event.] And the addition of Rampata comes on the heels of a website redesign.
Tolu Babalola, one of the three co-founders of Symcat, the web app that helps people figure out whether they should head to the hospital or just pour a second glass of orange juice, was recently interviewed by Tech Cocktail.
Edtech company Common Curriculum, which launched its curriculum-planning web app last month, has raised $160,000 in debt of a $320,000 offering according to an SEC filing.
In a guest post for VentureBeat, Chris Cope lists the advantages for building a startup company in one’s hometown. Cope writes, citing a recent study from the Yale University School of Management, that “startups that remain within their founders’ home region are more likely to earn higher profits and survive longer than companies that relocate.”
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