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410 Labs Draws Funding from Social Web Heavyweights

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Dave Troy is a busy guy. He's been engaged in a "code sprint" with his 410 Labs team at Baltimore Startup Weekend, he's a key planner of the upcoming TEDx Baltimore on May 15, and his startup company 410 Labs just secured over half a million dollars in Series A venture capital funding from high-level investors associated with LivingSocial and Twitter, among other strategic investors.

All of that activity is intended to help build Baltimore as a global technology hub. At Startup Weekend, 410 Labs created Mailstorm, a management and analytics system for multiple email accounts. That will add to its product portfolio, which already includes Replyz.com and Shortmail.com.

"We're really excited to be breaking the mold and showing that you can build a tech company here in Baltimore," Troy says. He adds that many local software developers tend to doubt the ability to raise money for expansion locally.

"Really what it shows me is that it's not just about your location or even necessarily about your ideas," the entrepreneur an investor continues. "It's about your ability to build a network that can make what you're trying to do succeed."

Writer: Sam Hopkins
Source: Dave Troy, 410 Labs
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