Jelly Raises New Funding From Greylock

Chris CrumSocial Media

Share this Post

Jelly announced that it has secured a new Series B round of funding with Greylock Partners, and that partner Josh Elman, who worked as a product lead at Twitter, has joined Jelly's board.

This follows Series A funding last year led by Spark Capital and including Greylock's Reid Hoffman.

"Jelly is a small team with modest capital requirements and we intend to keep things that way while growing a global service that changes how we find answers," said Jelly CEO Biz Stone. "This partnership with Greylock means more time to focus on improving Jelly along with some talented and helpful folks on our Board of Directors."

"Our aspiration is to create a new way to search and to make it easy for people to help one another," Stone added. "The decision to partner with Greylock along with the continued support of Spark Capital is an affirmation of our commitment to build a product, and a company, of enduring value for years to come."

Maybe they have more to spend on that "Jelly" Twitter handle now too.

While Jelly may be looking to keep its team small, it is looking to grow it to some degree. It's currently accepting resumés.

Stone went on Bloomberg TV earlier this week, and discussed plans for Jelly, which will probably include a search feature, and possibly a search-based means of revenue.

He also said that Jelly had twice as many accounts in three days as Twitter had in its first year.

On Twitter, Jelly continues to share various ways the app is "helping" people:

Image via Google Play

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.