$500K Series A for DormNoise
DormNoise.com, a Cranston, RI-based maker of online interactive calendar systems for college students, announced that it has raised $500,000 in Series A funding. The financing, which was led by DN Ventures (an investing venture group formed by DormNoise director Alan Jacober) and online medical education and social networking company PRESENT e-Learning Systems, will go to DormNoise’s sales, marketing, and product development. The company, which was founded by 21-year-old University of Pennsylvania student Jay Rodrigues, has previously raised $450,000 in three rounds of funding from friends and family. In 2008 Wade profiled a similar company in the college student collaboration and scheduling space: Cambridge, MA-based Wiggio.