$1M Gratuity for TipJoy

Cambridge, MA, startup Tipjoy, a Y Combinator-launched company whose technology allows Web surfers to leave small payments at the blogs of their favorite content creators, announced on its own blog this week that it has closed a $1 million Series A funding round. The round was led by New York-based seed stage investor Betaworks and also included the Accelerator Group, David Shen Ventures, and private investors Chris Sacca, Taavet Hinrikus, and Ron Bouganim.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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