“We fought the good fight. It’s pretty emotional.”
That’s Springpad co-founder Jeff Janer talking about shutting down his company after six years and almost $10 million in venture funding.
Charlestown, MA-based Springpad ran out of money while trying to raise a Series B round, Janer says. Its digital-organizer product, which had about 5 million users, will be discontinued on June 25. (The Verge first reported the shutdown, and the Boston Business Journal and others have since covered the news.)
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To read the original article: Five Lessons for Consumer Tech Startups in Springpad Shutdown | Xconomy