VENTURE CAPITAL POST

Safello, a Bitcoin startup based in Sweden was able to raise $600,000 in its seed funding round from Erik Vorhees, Zubair Quraishi and other unnamed backers.

Y Combinator, SV Angel, Max Levchin and other investors provided seed funds amounting to $2 million to San Francisco, California-based "pre-commerce" platform Celery to help grow the team and develop its storefront features.

Prompt.ly, a startup that provides a mobile-based SaaS platform for "The Invisible Economy" of service providers has received USD 1.5 million in seed funds from Facebook's Ethan Beard, Subtraction Capital and other investors.

San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds.

Flashnotes, a Boston-based start-up engaged in the buying and selling of class materials, had just received USD 1.5 million in seed funds.