Former Flickr/Yahoo and AOL Executives Raise $1.7 Million to Build Mobile Software for Work: Meet Tomfoolery, Inc.

  Former Flickr/Yahoo and AOL Executives Raise $1.7 Million to Build Mobile
  Software for Work: Meet Tomfoolery, Inc.

“Work Awesome” company backed by all-star tech investors Sam Pullara, Morado
Ventures, Andreessen Horowitz, Jerry Yang, and Brad Garlinghouse, among others

Business Wire

SAN FRANCISCO -- January 30, 2013

Tomfoolery Inc. today announced a $1.7M round of seed funding. Led by CEO
Kakul Srivastava, former GM of Flickr & VP at Yahoo! and CPO Sol Lipman,
serial entrepreneur and former VP of Mobile First at AOL, Tomfoolery is
developing consumer-quality, mobile focused software for work. The funding was
led by Morado Ventures and Sam Pullara, Twitter & Yahoo veteran, now a
Managing Director at Sutter Hill Ventures. Investors include Andreessen
Horowitz, Jerry Yang of AME Cloud Ventures, Brad Garlinghouse, CEO of
YouSendIt, David Tisch, co-founder of TechStars NYC, and other leading angel
investors.

“In your personal life, social mobile applications are beautiful, their
functionality is meaningful, and they let you to make real, human connections.
At work, today’s enterprise software makes us feel about as close to our
coworkers as strapping spreadsheets to carrier pigeons,” said Kakul
Srivastava, Tomfoolery CEO. “People at work aren’t robots - they’re consumers
who expect great software. At Tomfoolery, we’re creating an entirely new kind
of collaboration toolset, built from the ground up, for the modern worker.”

“The opportunity for mobile to continue to disrupt the workplace is tremendous
– Tomfoolery is poised to capitalize on this trend,” said Jerry Yang,
Co-Founder of Yahoo! and Tomfoolery investor. “We are excited about Tomfoolery
because they’ve put together an amazing team to go after a big idea.”

About Tomfoolery

Tomfoolery Inc, builds modern, human software for work. Founded by successful
entrepreneurs out of Yahoo! and AOL with deep backgrounds in social mobile
consumer technology, and backed with investments from key Silicon Valley
venture capitalists, Tomfoolery builds social tools and apps for the workplace
with one goal in mind: “Work Awesome.”

Useful Links:

Tomfoolery website: http://tomfoolery.com

Contact:

for Tomfoolery
David Speiser, 650-516-6635
david@drsmedia.com
 
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