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Social Events Platform DoubleDutch Raises $10 Million Series C Led By Bessemer

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http://techcrunch.com – Rapidly growing mobile events application platform DoubleDutch raised $10 million in Series C funding TechCrunch learned, in an oversubscribed round led in large part by Byron Deeter of Bessemer Venture Partners, who will now join the company’s board. Previous investors from DoubleDutch’s A and B rounds, Floodgate Fund, Bullpen Capital and others also participated. The funding comes at a time when DoubleDutch has moved to singularly focus on developing its mobile event technology, while abandoning its other products including a fairly popular mobile CRM application known as Hive. (IT news)