Kinvey Closes $2M for Mobile Apps Backend

Kinvey, a mobile software startup (originally from Texas) that recently graduated from the TechStars Boston accelerator program, said today it has completed a $2 million seed financing round that was led by Atlas Venture. Avalon Ventures also participated in the round, along with Boston-area angel investors including Chris Lynch, Mike Baker, Jennifer Lum, Ty Danco, and Joe Caruso, according to BostInnovation. The idea behind Kinvey is to provide an easy cloud-based backend for mobile app developers. At TechStars’ demo day in June, Kinvey founder and CEO Sravish Sridhar joked that he was putting the “BaaS” (backend as a service) in “Badass.” Sridhar has a flair for the dramatic: last month he and chief technology officer Morgan Bickle were among the unfortunate Boston subway riders stuck underground for two hours during a morning commute. (Welcome to Boston, gentlemen.)

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