Woofound has raised $1 million in its latest round of funding, according to a company press release. Woofound announced in July it was seeking $2 million from investors.
The latest round of funding comes from unnamed private investors, as well as $75,000 from the Maryland Technology Transfer and Commercialization Fund through TEDCO, which announced the funding of 15 other regional companies. According to the Baltimore Sun, Woofound has already raised $2.2 million in funding.
What CEO Dan Sines has called the Pandora Internet radio for experiences, Woofound is an online and iPhone application that presents users with slides of things to do in their respective cities, which they then tag as “Me” or “Not Me.” Based on these informal, visual surveys, Woofound then presents users options for activities they’re most likely interested in.
According to the Sun, Woofound “is also working on a career application with the University of Maryland Baltimore County and Towson University, which will help match students with possible careers that fit their personalities.
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