SpareFoot Inc., provider of an online self-storage finder, has fulfilled its $2 million equity offering, according to an SEC filing. In September, the companys only other SEC filing on record indicated the company raised about $330,000 from four equity investors.
The Austin-based company has eight investors. Principals named in the filing include co-founders Charles Gordon, CEO, and Mario Feghali, chief operating officer. Also named are directors Kip McClanahan of Silverton Partners, an early-stage venture-capital firm focused on Austin-based companies, and John Price, CEO of San Francisco-based Vast.com, an online search platform for autos, travel and real estate.
Founded in 2008, SpareFoot compares itself with Expedia.com, making it possible for self-storage customers to find and compare the best U.S. deal on self-storage via the Web.
Source: Citybizlist, Silverton-Partners-Backed SpareFoot Finds $2M - cbl