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$10 million in VC funds for Ontela. Startup facilitates photo transfers

May 28, 2008 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Ontela http://ontela.com/ founder Dan Shapiro had a memorable Monday last week that included two life-altering events.

Not only did the wireless entrepreneur learn that his wife was pregnant with twins, but he also found out that his other baby — the two-year-old Seattle startup Ontela — had scored $10 million in venture funding.

"It was one of the most amazing Mondays I’ve ever had in my life," said Shapiro, who was receiving wire transfers from his investors while looking at ultrasounds with his wife at Swedish Medical Center in Seattle.

By JOHN COOK
P-I REPORTER

Full Story: http://seattlepi.nwsource.com/business/364822_ontela28.html

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